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The UK Loophole That Keeps Russian Oil Coming In

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Russia’s 2022 invasion of Ukraine has forced a dramatic restructuring of energy markets in the west, with many European nations vowing to wean themselves off Russian energy products. The UK has been one of the more successful countries in achieving this target after committing to end imports of oil and coal from Russia by the end of 2022 and even recently legislated for a ban on Russian gas. By October, UK imports of Russian energy were down to a trickle, with the country buying just £2 million of oil, but zero coal or gas from Russia.…

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