FT Investigation Reveals $90 Billion Russian Oil Smuggling Operation
An investigation by the Financial Times has revealed a sophisticated network of nearly fifty companies coordinating to obscure the origins of Russian oil, moving crude valued at least $90 billion. This extensive operation, which includes entities linked to Rosneft, intensified after U.S. sanctions were imposed on the Russian state-controlled firm in October 2025. The network was uncovered due to a shared private email server among the identified companies, with Redwood Global Supply emerging as a significant exporter of Russian crude since the sanctions.