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Russia: Oil

Asked by Neil CoyleLabourForeign, Commonwealth and Development OfficeTabled Answered 29 July 2024UIN 800

The question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps he is taking to help ensure that oil from Russia refined in other countries (a) does not evade sanctions and (b) is used to support Russian forces during the war in Ukraine.

Answered by Stephen Doughty

The action taken by the UK and partners to limit Russian energy revenues is having a significant impact, with Russia forced to shoulder a 24% reduction in oil and gas revenues in 2023 compared to 2022. We took robust action against Russia's 'shadow fleet' alongside allies at the European Political Community, and we are exploring further options to strengthen our sanctions, including in the energy sector.

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