#1 out of 10
world19m ago
UK 'WON'T follow US in easing oil sanctions on Russia'
- UK will not follow US in easing oil sanctions on Russia, minister says.
- Energy Minister Michael Shanks warns against actions that could aid Putin's war machine.
- The US issued a temporary waiver for oil already in transit, lasting until April 11.
- UK maintains its sanctions and continues to apply pressure on Russia.
- UK officials cite the broader goal of pressuring Moscow amid the Ukraine conflict.
- US measures were described as temporary and limited in scope by officials.
- Markets respond to Middle East crisis and global energy concerns.
- Russia reportedly has around 100 million barrels of oil in transit.
- US-UK policymakers frame sanctions as a coordinated strategy on Moscow.
- Officials emphasize sanctions are aimed at influencing the Ukraine war outcome.
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