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The New Statesman

The New Statesman

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Business & Economics

Since Russia’s invasion of Ukraine, more than £200bn in Russian fossil fuel exports have been shipped using UK-based maritime services

The New Statesman
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A single UK -based firm has carried almost a quarter of Russia ’s exports of liquefied natural gas ( LNG ) since the war began.

Britain officially stopped importing Russian oil and oil products nine months after the invasion (it became illegal to do so on 5 December 2022 ) But a sanctions loophole means Britain keeps buying Putin 's products.

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