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Wed Β· 23 Sep 2026

EU Holds Russian Oil Sanctions Line After UK Grants Refined Crude Carve-Out

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EU Holds Russian Oil Sanctions Line After UK Grants Refined Crude Carve-Out

πŸ‡ͺπŸ‡Ί SANCTIONS β€” UK cracks the Russian oil wall; Brussels refuses to follow. πŸ“Œ LOOK CLOSER: London's carve-out β€” allowing diesel and jet fuel refined from Russian crude β€” is a quiet admission that Hormuz-driven supply pressure is forcing Western coalitions to choose between sanctions coherence and economic pain. Brussels holding the line now faces a credibility test: if UK refiners undercut EU competitors using cheaper Russian feedstock, member state pressure to match mounts fast. Watch Italy and Hungary.

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