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Spotlight | Africa
As sanctions bite, oil traders Glencore, Gunvor and others on deck with plan B

An oil tanker belonging to Russian company Somkovflot.
An oil tanker belonging to Russian company Somkovflot. © Somkovflot
Until now, all firms selling petroleum products in West and Central Africa were partly supplied by Russia. But since the US slapped sanctions on Russian fuels, these companies are urgently having to review their supply schedules. The transition may prove particularly tricky for Litasco and Gunvor, which rely heavily on Moscow. [...]
Published on 10.03.2022 at 05:00 GMT Reading time 4 minutes
Commodity traders, Business

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