Boris Johnson has signalled an expansion in North Sea oil exploration as he backed away from an international ban on Russian oil exports .
The Prime Minister said international sanctions which would strangle the Putin invasion of Ukraine had to be taken “step by step” and said the west and the UK had to look for “substitute supplies”.
The Prime Minister said he would be “setting out a new UK energy supply strategy” in the coming days amid mounting calls for new oil and gas licensing in the North Sea.
