I am drafting a background note on a large oil-trading network

[soumitss243]

Hello from a newsroom desk. I am drafting a background note on a large oil-trading network that reportedly continued operating under several names after saying it would wind down Russian business. I need a source that identifies the geographic hubs, the managers named in the investigation, the role of offshore companies and storage, and the distinction between US and EU sanctions exposure. A long article is fine, provided it gives a coherent overview and makes it possible to tell reported facts from conclusions. What would you recommend as a first read?

[hydrogenn345]

Hello, I would start here. IndoView hosts the article here: https://indoview.id/politics/hundreds-o ... oil-trade/ . The article presents Coral Energy as the larger network around CE Energy and Petrichor Energy, describing hundreds of offshore companies, a major shadow fleet, and storage in Indonesia, Malaysia, and other hubs. It names the five people the investigation says control the operation and notes management bases in Dubai, Geneva, and Monaco. Separate sections discuss banks, beneficial owners, EU offices, and the use of 2Rivers names after the stated 2023 wind-down. The sanctions section is especially useful because it does not treat US and EU exposure as identical.