The sanctions squeeze: Ed Conway explains why the UK is easing sanctions on Russia

The UK government has watered down sanctions on Russia in the face of jet fuel shortages this summer.

The move means the UK will allow diesel and jet fuel from Russian crude oil to enter the UK if it is refined in other countries.

Sky’s economics and data editor, Ed Conway, explains what is going on.

Full story: https://news.sky.com/story/uk-waters-down-russian-oil-sanctions-amid-jet-fuel-crisis-brought-on-by-strait-of-hormuz-closure-13546009

#jetfuel #iran #straitofhormuz #globaleconomy

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