CONSERVATIVE
New Forest East

FOREIGN AFFAIRS – SANCTIONS ON RUSSIA & SHIPMENTS OF OIL TO INDIA - 14 May 2025

FOREIGN AFFAIRS – SANCTIONS ON RUSSIA & SHIPMENTS OF OIL TO INDIA - 14 May 2025

Sir Julian Lewis: The Minister referred to the attempts to cripple the ghost ships and fleet. Does that have any effect on the shipments of oil to third parties, such as India, that refine the oil and then sell it on to countries that, like us, are trying to sanction Russia directly?

[The Minister of State, Foreign, Commonwealth and Development Office (Stephen Doughty): The right hon. Gentleman asks an important question. We take up all possible avenues of limiting Putin’s war machine and the energy revenues that go towards it. We keep all options under consideration, and we look at them carefully. As he knows, I will not comment on any future actions or designations for obvious reasons, but I can tell him that this action on the shadow fleet has had a significant real-time impact on Putin’s ability to wage war. I have given this figure on a number of occasions, but our sanctions programme overall has denied Russia $450 billion, which would have been enough to keep this war going for many more years. The action has had a tangible impact. Action taken under the last Government, and the action taken by this Government, which has been accelerated, is having a real impact on Putin’s war machine. Again, I thank the right hon. Gentleman for his consistent support for Ukraine, and his support for these measures. …]