Fuel prices to soar in wake of curbs on Russian oil imports
Fuel prices to soar in wake of curbs on Russian oil imports Business secretary Kwasi Kwarteng has announced the UK will phase out imports of Russian oil by the end of the year. Mr Kwarteng said that as the ban was not immediate there would be enough time for supply chain adjustments. “Businesses should use this year to ensure a smooth transition so that consumers will not be affected,” he said. The UK sources 18 per cent of its diesel [...]