TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

Data reveals that the UK never sanctioned Russian oil

Rohit Yadav by Rohit Yadav
November 23, 2022
in Europe
Russian oil UK
Share on FacebookShare on X

After the Ukraine war started at end of February, UK was the first one to plan to sanction Russian oil. Cut to nine months later, the UK has phased out the Russian oil ‘officially’. But ‘unofficially’ it still continues to use the Russian oil. The matter of fact is that London never sanctioned Russian oil.

The intention to gradually stop importing Russian oil was announced on March 8 by Boris Johnson, the then-prime minister of the UK. The next day, Kwasi Kwarteng, the then-business secretary, in a Commons debate declared that the UK “must end its dependency on all Russian hydrocarbons.”

Also Read

UK prepares $8bn missile program, defence secretary says UK getting ready for war with Russia

UK to go on the offensive, will initiate cyberattacks on Russia and China

UK pushes military presence in the Arctic provokes Russia

Kwarteng said, “Our trade, financial and personal sanctions are having an effect on the Russian economy. The British government has sent a clear message to Putin’s regime and to those who support him in his war against Ukraine.”

Read More: Russia’s final clamp down on US Dollar

This was eight months after the Ukraine war. The sanctions were actually fruitful in the beginning. Russia’s Rouble fell 70% to 139 against the American Dollar. Russian Rouble is now the strongest it has been in two decades. All these points prove the same point that Russia has bounced back strongly after the sudden jolt of sanctions.

UK's Boris Johnson blames cost of living crisis on Putin, Russian-led war
Source- Anadolu Agency

As of now, the UK importing oil from Russia is legal. However, after the due date, all imports are prohibited under sanctions. Though the nations and businesses that are observed purchasing Russian oil run the danger of losing their goodwill. However, maritime experts assert that the UK’s import registration procedures and the rise in ship-to-ship transfers would make it impossible for the UK to impose sanctions on Russian oil.

Ships are required to disclose the nation of origin of their cargo when they enter the port, in the case of refined oil. The Office for National Statistics (ONS) and HM Revenue & Customs collect data on oil imports. The value of the cargo, the nation from which it was sent, and its nation of origin are all recorded by HMRC.

The ONS compiles this information. However, the country of dispatch, not the country of production, is used to determine an import’s nationality. This implies that if a German company imported a shipment of Chinese-made goods to the UK, the shipment may be reported as coming from Germany. bAccording to the ONS, the UK did not import any oil from Russia in June. According to a Commons research study that was used to brief MPs, there were no imports of Russian oil in June or July. On August 24, Kwarteng tweeted the same statistic, which was also mentioned in a parliamentary discussion.

Read More: It’s Official: Algeria has formally entered Russia’s camp

HMRC data, however, reveals that in June, British ports received more than £78 million worth of Russian oil. These were listed as imports from Belgium, Estonia, the Netherlands, or Poland. Further, ship-to-ship transfers took place to shield Russian oil. Refinitiv data indicates that there have been 267 ship-to-ship transfers of Russian oil worldwide since March. According to UK trade statistics, since March, ten UK ports have received a total of £778 million in Russian oil. But, all were disguised as coming from other nations.

Clearly, even though European nations are pretending to have sanctioned Russian energy, they can’t let go of it. And, well it’s practically impossible because they have no alternatives.

It’s time they come to realisation, and take steps to end the war in Ukraine rather than fuelling it, and remove the sanctions because they can never let go of Russian energy, be it gas or oil. According to official documents, the UK hasn’t received any oil from Russia since the Ukraine war started. But, the truth is contrary to the fact.

Tags: Russia sanctionsrussia ukraine crisisUK
ShareTweetSend
Rohit Yadav

Rohit Yadav

Associate Editor, TFI Media. Pursuing Masters in Global Studies from Ambedkar University, Rohit is a Geopolitics and Sports enthusiast

Also Read

After PSG’s champions league win, city of Love, Paris descends into riots and chaos

After PSG’s champions league win, city of Love, Paris descends into riots and chaos

June 2, 2025
Poland: Karol Nawrocki Victory and What It Means for Poland's Future?

Poland: Karol Nawrocki Victory and What It Means for Poland’s Future?

June 2, 2025
European Union Facing Existential Crisis Amid Economic and Political Struggles

European Union Facing Existential Crisis Amid Economic and Political Struggles

May 31, 2025
France Bans Smoking in Outdoor Areas Frequented by Children

France Bans Smoking in Outdoor Areas Frequented by Children to Protect Public Health

May 31, 2025
Germany readies for military conscription as media reports say German public wants to take on Russia

Germany readies for military conscription as media reports say German public wants to take on Russia

May 26, 2025
Why Are Knife Attacks Spiking in Germany?

Why Are Knife Attacks Spiking in Germany? The Pattern No One Wants to See

May 24, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.