LONDON, June 12 (Reuters) - Britain on Friday said that a full ban on diesel and jet fuel made in Russia would happen by 2027 as it set out its timeline to end a temporary licence for Russian oil products.

- Britain last month said it would continue to allow imports of diesel and jet fuel refined from Russian crude in third countries, deferring a previously announced ban, citing supply issues caused by the Iran war.

 -The government said existing sanctions were not being lifted, but new sanctions were being phased in.

- On Friday the business and trade ministry said the temporary licence for phasing in the ban would expire by Jan. 1 2027.

- It added that the government would continue to review the licence every two weeks, with a view to lifting the licence as soon as possible.

(Reporting by Alistair Smout; Editing by David Gregorio)

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