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UK Adjusts Sanctions Amid Fuel Supply Concerns

Updated 2026-05-20 02:05 UTC 1 source Neutral

The UK has loosened sanctions on Russian oil due to rising fuel prices and supply concerns. The move reflects the growing impact of geopolitical tensions, particularly over the Strait of Hormuz.

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BBC News
The waiver reflects increasing supply concerns over certain fuels due to the effective blockade of the Strait of Hormuz.
2026-05-20 01:58 UTC
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