From Dubai, a mysterious trading company called Coral Energy has specialized in the resale of Russian petroleum products under sanctions.
Le Monde obtained internal documents from this company. Thanks to them, satellite images, and customs and maritime data, our video investigation lifts the veil on the commercial arrangement that allows Russia to sell its petroleum products to the rest of the world incognito.
Sometimes, these transactions exceed the price ceilings set by the G7 and the European Union in response to Russia’s invasion of Ukraine. Among the buyers, however, is one of the largest oil brokerage groups in the world: the Swiss Trafigura.
Among the sources of this video.
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