Dubai Court Freezes $704M in Assets in Lawsuit by Ex-Rosneft VP Against Oil Traders

A Dubai court has frozen up to $704 million in assets of two major oil traders and 13 other defendants in a lawsuit filed by former Rosneft vice president Igor Segeev. The defendants are linked to Coral, a network exporting Russian oil. This legal action may signal a dispute within Russian oil trading circles and could affect sanctioned oil flows.

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