UAE-Russia Bromance Under the Microscope

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  • The US has flagged up the United Arab Emirates as a potential weak link in its campaign to tighten the economic screws on Russia.
  • There has been a surge in Russian trade with the UAE since the Ukraine war started a year ago, much of it focused on Dubai.
  • A large chunk of Russia’s oil is now marketed via obscure Dubai-based entities, which are not bound by any US or EU trade sanctions.

The Issue

Sanctions, Oil Trade, Oil Products, Crude Oil, Ukraine Crisis
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