UK plans to phase out Russian oil imports by end of year

Downing Street expected to make announcement on phasing out Russian hydrocarbonsUkraine-Russia war – latest updatesThe UK is is to phase out Russian oil imports by the end of the year in line with US plans for a similar ban.No 10 was expected to make an announcement on Tuesday afternoon, the day after Boris Johnson said western nations would need a “step-by-step transition period” away from Russian hydrocarbons. Continue reading...

UK plans to phase out Russian oil imports by end of year

Downing Street expected to make announcement on phasing out Russian hydrocarbons

The UK is is to phase out Russian oil imports by the end of the year in line with US plans for a similar ban.

No 10 was expected to make an announcement on Tuesday afternoon, the day after Boris Johnson said western nations would need a “step-by-step transition period” away from Russian hydrocarbons.

Continue reading...