EU adds Niels Troost to Russia sanctions list
EU adds Niels Troost to Russia sanctions list
Published by Global Banking and Finance Review
Posted on December 16, 2024

Published by Global Banking and Finance Review
Posted on December 16, 2024

LONDON (Reuters) - The EU has added Niels Troost, the businessperson controlling Paramount Energy and Commodities DMCC, to its Russia sanctions list on Monday, according to a document published online.
The EU said Paramount "repeatedly traded Russian oil above the oil price cap after its introduction" in the document. Paramount was sanctioned by the UK in November 2023.
The EU adopted its 15th package of sanctions against Russia over its invasion of Ukraine on Monday, which included tougher measures against Chinese entities and more vessels from Moscow's so-called shadow fleet.
(Reporting by Robert Harvey and Julia Payne; Editing by Christina Fincher)
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