The UK Government has loosened strict sanctions on Russian oil refined into diesel and jet fuel in third countries as prices rise. 

The effective blockade of the key Strait of Hormuz has continued to generate supply chain concerns, and jet fuel and pump prices are getting higher - with no hope for change in sight.

UK correspondent Gavin Grey says experts are predicting fuel prices will go higher in the next few weeks.

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The UK Government has loosened strict sanctions on Russian oil refined into diesel and jet fuel in third countries as prices rise.&nbsp;
The effective blockade of the key Strait of Hormuz has continued to generate supply chain concerns, and jet fuel and pump prices are getting higher - with no hope for change in sight.
UK correspondent Gavin Grey says experts are predicting fuel prices will go higher in the next few weeks.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Gavin Grey: UK correspondent on UK loosening Russian oil sanctions amid fuel crisis

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