Downing Street has responded to the US decision to ease sanctions on Russian oil following accusations by Yvette Cooper that Russia and Iran are trying to manipulate the global economy.
Oil prices have surged to approximately $100 per barrel due to Iran’s blockage of the Strait of Hormuz, a vital shipping route. In response, US Treasury Secretary Scott Bessent authorized temporary purchases of Russian oil already on ships at sea to mitigate the economic impact.
Amid concerns that Russia may exploit the situation to fund its conflict in Ukraine, Keir Starmer’s spokesperson emphasized the importance of allies maintaining pressure on Russia. This development further underscores the divergence between British and US stances, particularly after the UK declined to allow its military bases to be used in initial actions against Iran.
When asked about the US sanctions decision, the PM’s official spokesperson reiterated the UK’s position of upholding pressure on Russia and its war efforts, emphasizing the importance of supporting Ukraine to diminish Russia’s ability to wage global warfare.
Regarding the UK’s sanctions policy, the PM’s spokesperson affirmed that the sanctions remain in place, emphasizing the commitment to exert maximum economic pressure on Russia.
Energy Minister Michael Shanks highlighted the critical nature of maintaining sanctions against Russian aggression towards Ukraine, warning against allowing Putin to reinvest in militarization.
Addressing concerns about the Kremlin’s collaboration with Iran, Foreign Secretary Yvette Cooper, during a visit to Saudi Arabia, pointed out the longstanding ties between the two countries, particularly in technological and economic aspects, emphasizing their joint efforts to disrupt the global economy.
Cooper stressed the threat posed by Russia and Iran to the global economy and overall well-being, underscoring the need for vigilance and collective action.
In response to escalating tensions, RAF jets expanded their surveillance to Bahrain to counter Iranian drone activity.
Downing Street confirmed that UK jets conducted air defense missions over Bahrain for the first time, with Typhoon jets monitoring the airspace for potential Iranian drone threats. British Typhoon and F35 jets are now actively engaged in safeguarding British interests and allies in Qatar, Cyprus, UAE, Jordan, and Bahrain.
