Britain Says Full Import Ban on Russian Diesel, Jet Fuel Will Happen by 2027

LONDON, June 12 (Reuters) – Britain on Friday said that a full ban on ​diesel and jet fuel made ‌in Russia would happen by 2027 as it set out its timeline ​to end a temporary licence ​for Russian oil products.

• Britain last ⁠month said it would continue to ​allow imports of diesel and ​jet fuel refined from Russian crude in third countries, deferring a previously announced ban, ​citing supply issues caused by ​the Iran war.
• he government said existing sanctions were ‌not ⁠being lifted, but new sanctions were being phased in.
• On Friday the business and trade ministry ​said the ​temporary licence ⁠for phasing in the ban would expire by ​Jan. 1 2027.
• It added ​that ⁠the government would continue to review the licence every two weeks, ⁠with ​a view to ​lifting the licence as soon as possible.

Reporting by ​Alistair Smout; Editing by David Gregorio

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