How Commodity Traders Are Helping Fund Russia's War
Russia has seen its oil revenues increase in the 100 days since it invaded Ukraine, thanks in large part to trading houses in Switzerland, Singapore, and Dubai
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Russia has seen its oil revenues increase in the 100 days since it invaded Ukraine, thanks in large part to trading houses in Switzerland, Singapore, and Dubai
Continued oil and gas exports as well as a propped-up ruble, have allowed Moscow to weather the West's sanctions much better than expected
As much of the world speaks out against Russia’s war in Ukraine and nations ban Russian oil and gas, some of Europe’s biggest commodity traders seem to have missed the memo
The war in Ukraine has put Switzerland's commodities sector in the spotlight. The country makes billions trading raw materials but prefers to not look too closely into the details.
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