UK Pauses Sanctions, Offers Lifeline to Bulgaria's Lukoil Amidst Energy Crisis
Published on: Nov. 14, 2025, 7:08 p.m. | Source: Devdiscourse
The UK has paused sanctions to allow Bulgaria's Lukoil-owned Burgas refinery to continue operations. Britain and the U.S. initially sanctioned Russian oil giants, aiming to limit funding for Russia's Ukraine conflict. A license is issued to facilitate transactions with Bulgarian entities, expected to be mirrored by the U.S.
