Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, with reference to the Notice 'General Trade Licence for sanctioned processed oil products', published on 19 May 2026, whether his Department produced an impact assessment, volume estimate, and Russian tax-revenue estimate before the licence was signed.

The UK Government published an Impact Assessment alongside the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2026. This Impact Assessment is publicly available on legislation.gov.uk.

The General Licence for sanctioned processed oil products was published alongside the legislation. This licence is designed as a temporary measure to support flexibility in UK supply as the measure is phased in. The Government does not publish impact assessments specifically for General Licences.