UK allows diesel and jet fuel imports from Russian crude via sanctions carve-out

LONDON, ​May ⁠19 (Reuters) - Britain will ​allow the import and provision of ​services ‌linked to diesel and jet ⁠fuel refined abroad from Russian ⁠crude under ​a new general trade licence exempting specific products from sanctions restrictions.

The ​licence ‌issued on Tuesday grants exemptions where the fuels are processed in third countries ​but includes conditions such as record-keeping ‌requirements for companies.

The new rules take effect ‌on Wednesday and will be of indefinite duration, though they will ​be reviewed periodically and can be amended ‌or revoked, the government said in a notice.

Separately, Britain issued ⁠a ⁠time-limited licence covering the ‌maritime transportation of liquefied natural gas ​and ​related services under Russia ‌sanctions rules, running until January 1 next year.