British Government Delays New Sanctions on Russian Oil Amid Rising Fuel Prices
The British government, led by Prime Minister Keir Starmer, has announced a delay in implementing new sanctions on Russian oil due to a surge in fuel prices caused by the closure of the Strait of Hormuz. This decision allows the import of Russian oil refined into jet fuel and diesel in third countries like India and Turkey. The move comes as the U.S.-Israeli conflict with Iran has disrupted oil flow through the strait, which is crucial for global oil supply. Despite criticism from opposition leaders, the government insists that the sanctions are being phased in to protect consumers from volatile market conditions. 
