
Has Starmer ‘BETRAYED’ Ukraine by relaxing Russian oil sanctions?
From The Fourcast by Channel 4 News
May 20, 2026 · 32 min
About this episode
The episode discusses the implications of relaxing Russian oil sanctions and the economic impact of the Iran war.
How bad is the economic hit from the Iran war going to be? If the talk around price caps on essential food items, and lifting sanctions on Russian oil and gas are anything to go by, then it could be very bad indeed. The government says any price freeze will be voluntary after supermarket bosses called the idea ‘preposterous’ and ‘nonsense.’ But plans to continue to allow diesel and jet fuel to be imported into the UK from Russian oil refined in other countries will go ahead. The Conservatives call this a ‘betrayal of Ukraine.’ On this episode of the Fourcast, Jackie Long is joined by Channel 4 News' Economics Reporter Neil Macdonald, the economist Vicky Pryce and Tom Keatinge, the founding director at the Centre for Finance and Security at the think tank RUSI.
People in this episode
Host: Jackie Long
Guests: Neil Macdonald, Vicky Pryce, Tom Keatinge
Topics covered
- Ukraine
- sanctions
- oil
- economics
- food prices
- politics
Keywords
- Ukraine
- sanctions
- Russian oil
- economics
- food prices
- politics
- Iran war
Mentioned in this episode
Organizations: Channel 4 News, Centre for Finance and Security, RUSI
Places: UK
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