EU ban on Russian diesel and oil products comes into force

The President of the European Commission has hinted at the introduction of more sanctions later this month

Does sanctions loophole let Russian oil into Britain?

Campaigners claim that loophole could see other countries that have not banned Russian crude imports used as a back door for oil exports into the UK

TotalEnergies pulls out of Russian energy giant

The energy giant said it would take a $3.7bn hit as a result of its decision to withdraw its directors from Novatek and dump a 19.4% stake in the company

Price cap on Russian oil comes into force

G7 countries and Australia have implemented a cap of $60 a barrel

Britain bans services helping transport Russian oil

The ban, which will come into effect from 5th December 2022, applies to UK services including insurance, brokerage and shipping

G7 countries agree on introducing a price cap on Russian oil

The measure aims to limit Russia’s earnings from oil exports

Sanctions ‘do not affect Russian oil exports much’

Russia’s oil production in July was nearly 310,000 barrels a day below pre-war levels

EU ban on Russian coal comes into force

The coal cutoff is predicted to impact about €8 billion worth of Russian exports every year

Deliveries of Russian oil to Europe halted

Slovakia, Czech Republic and Hungary are expected to be affected by the suspended Russian oil pipeline flows

Why has the UK delayed the decision to cut off Russia from oil insurance market?

The UK has reportedly not introduced restrictions that could have Russia shut off from the oil cargo insurance market