Western sanctions were meant to dismantle Coral Energy, one of the biggest traders of Russian oil. Now Istanbul prosecutors are being asked to investigate whether the network is behind the little-known Dubai company that just bought more than 100 fuel stations in Turkey.
A Greek shipping network that spent years evading U.S. sanctions on Venezuelan oil is now lobbying the Trump administration for permission to keep doing business — while its CEO dines at the Kennedy Center.
We bring the latest on our investigation into Russia’s shadow fleet, fronted by Azerbaijani traders Etibar Eyyub and Tahir Garayev. Since the start of Russia’s invasion of Ukraine, the pair — operating through shell company Coral Energy — have helped keep the Kremlin’s oil revenues flowing.