Global Trade Alert
Global Trade Alert

United Kingdom: HM Treasury issues general licence permitting transactions related to Kazakh oil exports via Russia

Announcement

19 Mar 2026

In March 2026, the UK Office of Financial Sanctions Implementation issued a general licence allowing certain transactions involving Kazakh oil transported through Russia under specified conditions.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

19 Mar 2026

Revocation date:

18 Mar 2028

Announced: 19 Mar 2026
Controls on commercial transactions and investment instruments In force

Recent update from 27 Mar 2026:

On 19 March 2026, HM Treasury's Office of Financial Sanctions Implementation issued General Licence INT/2026/9247168 under the Russia (Sanctions) (EU Exit) Regulations 2019. The licence permits act...

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