How Maddox DMCC and Its Network Enabled the Flow of Russian Oil to Ukraine and the EU Despite Sanctions

Russian Oil Imports by Maddox DMCC:Commercial data shows Maddox DMCC imports Russian crude oil blends such as the Russian Export Blend (REBCO), sourced from Russian oil producers including JSC Zarubezhneft and its subsidiaries. These shipments indicate Maddox’s active role in trading Russian crude oil globally  This investigation documents how Maddox DMCC (Dubai), together with affiliated entities Maddox SA (Switzerland), Cantarell Trading Ltd (Cyprus) and intermediaries in Turkey, Malta, Romania, and Ukraine, participated in a systematic scheme to trade Russian crude oil and diesel after 2014 and especially after 2022, using false certificates of origin, blending operations, and complex resale … Continue reading How Maddox DMCC and Its Network Enabled the Flow of Russian Oil to Ukraine and the EU Despite Sanctions