Closing the Loophole: have we done enough?

Despite heavy sanctions, Russia’s war machine is still fuelled by the revenues from their oil and gas, which are the raw materials required to manufacture plastic products. While countries like the UK are no longer direct consumers, loopholes continue to allow products made from Russian oil to infiltrate the global market. Despite a drop in exports to Europe, the Centre for Research on Energy and Clean Air (CREA) found that in 2024, total export revenues fell by only 5 percent. Revenue lost...