M
Member
Speaking in the House of Lords on 21 May 2026
Debate
Processed Russian Oil Products: SanctionsContribution
I want to make it absolutely clear that our sanctions regime today is tougher than it was yesterday or last week. In fact, thanks to the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2026 statutory instrument, we will, from today, for the first time—for the first time—ban the import not only of uranium but of Russian oil products processed in a third country. We are not lifting any existing sanctions at all. We are, like other countries, phasing in these sanctions, which is why, in the light of the situation in the Middle East, we have issued a targeted temporary licence to allow the continued import of diesel and jet fuel. These licences are temporary and targeted. We will review them regularly and repeatedly, and will suspend them as soon as we possibly can.
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