Processed Russian Oil Products: Sanctions

Ben Maguire Excerpts

Wednesday 20th May 2026 Commons Chamber

[Chris Bryant]

I completely agree with my hon. Friend, and that is the tenor of the conversation that has been happening. He will know that the Prime Minister has been chairing regular meetings to consider the impact of the situation in the middle east. This is undoubtedly one area where we had to take action to minimise the instability in the market so as to protect British businesses—which are already exposed to energy costs that are high enough, if not too high—and British families. He makes a good point; we should, of course, have these honest conversations with the public.

[Ben Maguire (North Cornwall) (LD)]

Rocketing fuel prices are hitting rural families in constituencies like mine, but the answer can never be to play directly into Putin’s hands by weakening sanctions, just as Ukraine is finally pushing back against Russia’s war machine. Does the Minister agree that we can both stand firmly with our Ukraine allies, maintaining sanctions on Russian jet fuel and diesel that is refined in third countries, while also supporting rural households through a temporary VAT cut on heating oil and a 10p cut to fuel duty, which could be funded through a levy on big banks’ eye-watering profits?

[Chris Bryant]

I think the hon. Gentleman wrote the first half of that question before he heard what I had to say on the subject. I want to make it absolutely clear, once again, that up until now it has been possible for people to perfectly legally import into the UK refined products that have been processed in third countries but that originated from Russian crude oil. That is changing because of the legislation we have introduced, which applies from today. We are doing this in a phased way, which is why the licences exist.

The hon. Gentleman will know that we are already taking very seriously the issues that affect many, many families, including in my constituency. The number of people who rely on oil to heat their homes is not very large, but we have already taken action, and around 3 million households across the whole UK are benefiting. I know that the Chancellor of the Exchequer is looking at these issues very closely.