UK diesel prices just jumped after fresh US/UK sanctions targeting Russian oil producers — and the knock-on could be big. In this week’s UK Energy Show, we break down the two-tier oil market (sanctioned barrels stuck “on the water” vs freely traded supply), why diesel is the pressure point, and how Lukoil’s asset sale and Petrofac’s collapse play into UK energy, jobs, and prices. We also dig into North Sea politics (Rosebank & Jackdaw), the Tony Blair Institute’s call to slow the 2030 clean-energy push, and why electricity stays high when gas is ~6p/kWh but power caps at ~26p/kWh. What you’ll learnHow tougher secondary sanctions can squeeze legal supply and lift UK dieselWhy India’s pivot to non-Russian barrels tightens the “free” marketThe real-world impact: pump prices, logistics costs, and your weekly shopLukoil (refinery sales) & Petrofac (administration): signals vs realitiesBrent vs dated Brent: the price that actually matters for North Sea flowsRosebank/Jackdaw economics, Equinor’s role, and UK competitiveness #UKEnergy #DieselPrices #OilMarket #Sanctions #Lukoil #Petrofac #Brent #NorthSea #CostOfLiving #FuelHedging

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