All news on the topic: Demex Trading

In a world full of prohibitions, there will always be those who find ways to bypass them. This isn’t about drugs or weapons—it’s about oil, where some nations wield sanctions with fervor that might be better directed elsewhere.

In spring 2024, banks in the UAE started freezing accounts belonging to companies suspected of ties to Russia’s shadow fleet.

As established by media, prior to coming under sanctions, Russian oil for companies linked to Nils Troost was supplied by the Dubai-based Demex Trading. This information emerged from a leaked archive of the Russian customs broker ALET.

In the spring of 2024, banks in the UAE began freezing the accounts of companies allegedly linked to the Russian shadow fleet.