The Mysterious Rosneft Deal And Its Penalties

Roughly two months in the past, Vladimir Putin awarded high-level state honours to a cadre of people in recognition of their contribution to Russia. The Order of Friendship award was given to Ivan Glasenberg, Sheikh Abdullah Al Thani, and Carlo Messina. The widespread denominator between these figures being a deal struck in December 2016 involving the entities which the aforementioned people oversee, i.e. Glencore Worldwide, Intesa Sanpaolo and the Qatar Funding Authority (QIA), and Rosneft, Russia’s prized oil firm. In accordance…

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