Research indicates that millions of barrels of fuel produced from Russian oil continue to enter the UK, exploiting a “refining loophole” where Russian crude is processed in countries like India and sold to the UK. While not illegal, critics argue this undermines sanctions targeting Russia’s war funds.
The UK government denies recent imports of Russian oil but acknowledges international trade rules permit such transactions. Reports estimate that over 5.2 million barrels of refined petroleum products from Russian crude reached the UK in 2023, indirectly contributing to Kremlin tax revenues.
1. Research reveals millions of barrels of fuel from Russia oil reaching the UK via a legal “refining loophole.”
2. Russian crude is processed in countries like India, enabling legal imports of refined oil products to the UK.
3. The UK government denies recent Russian oil imports, citing adherence to international trade rules.
4. Critics argue the refining loophole undermines sanctions aimed at restricting Russia’s war funds.
5. Estimated 5.2 million barrels of refined petroleum products from Russian crude imported into the UK in 2023.
6. Majority of imports include jet fuel, potentially used in one in 20 UK flights.
7. Reports suggest the refining loophole indirectly contributes over £100m in tax revenues to the Kremlin.
8. Calls for tougher sanctions to include a full ban on refined oil products derived from Russian crude.
9. Complex situation acknowledged, with challenges in completely eradicating Russian supply from the global market.
10. Previous efforts in the US to close the refining loophole through legislative measures.