L

Lord Whitehead (Lab)

Speaking in the House of Lords on 9 March 2026

Debate

Energy Markets

Contribution

I agree with the noble Lord that Putin may well be smiling a little at the prospect of sky-high energy prices benefiting his beleaguered economy, and that some of the sanctions may be taken off him because people would rather like some of his oil and gas for the future. It is doubly important, therefore, that we keep those sanctions in place, that we sanction the shadow fleet, and that we make sure that the oil from Russia does not get out, by hook or by crook, into various places where it should not go. The UK Government are determined to keep that process under way. It is very important that Putin is not the unwitting beneficiary of this.

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