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Ukraine ally Britain eases new sanctions on Russian oil as fuel prices surge over Iran war

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Ukraine ally Britain eases new sanctions on Russian oil as fuel prices surge over Iran war

LONDON (AP) — The U.K. government has delayed some new sanctions on Russian oil in an effort to shelter Britons from the cost-of-living squeeze triggered by the effective closure of the Strait of Hormuz in the Iran war. A trade license that came into effect Wednesday permits the import of Russian oil that has been refined into jet fuel and…

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