why he was punished – UNIAN
Recently, the European Union adopted the 15th package of sanctions against the Russian Federation.
The EU imposed sanctions on Dutch citizen Niels Troost. He is suspected of trading Russian oil at prices that were higher than those set by Western countries. The Financial Times reports this.
Thus, Trust, who now lives in Switzerland, became the first EU citizen to be targeted by the association for trading in Russian raw materials.
According to the EU, Trust's company Paramount Energy and Commodities SA transferred its Russian-related business to its Dubai-based subsidiary Paramount DMCC. The latter traded oil at prices that exceeded the established limit of $60 per barrel.
In a statement to the Financial Times, Trust criticized the decision. According to him, it was the result of a deliberate campaign waged against him…