Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government, further to the decision to ban the import of Russian oil into the UK, what financial protection is available to UK companies who chartered Russian oil tankers to deliver fuel to the UK.

Russian ships have been banned from UK ports, following UK sanctions against Russia. The ban includes any vessels owned or operated by anyone connected to Russia.

The UK will also stop importing Russian oil by the end of this year, building on the Government’s package of international economic sanctions.

The Government is confident that this can be achieved over the course of the year, providing enough time for companies to adjust while ensuring consumers are protected. The Government is already providing support worth around £21 billion during this year, and next, to help people with the cost of living and will continue to monitor the economic impact of the conflict and keep its approach under review.

The Department for International Trade has expanded its Export Support Service (ESS) to act as a single point of enquiry for businesses and traders with questions relating to the situation in Ukraine and Russia. Any business that has question about trading with Ukraine or Russia can visit the GOV.UK website to contact the export support team, or call our helpline using the number 0300 303 8955.