A History of Russian Ties Helped Gunvor Win Big Sanctions Prize
A History of Russian Ties Helped Gunvor Win Big Sanctions Prize
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A History of Russian Ties Helped Gunvor Win Big Sanctions Prize

🕒︎ 2025-11-04

Copyright Bloomberg

A History of Russian Ties Helped Gunvor Win Big Sanctions Prize

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world The two biggest deals of Torbjörn Törnqvist’s life have happened because of US sanctions. In 2014, sanctions on his Russian partner handed him control of the energy trader they’d co-founded. Now eleven years later, the billionaire head of Gunvor Group is again seizing on an opportunity created by American sanctions with a company-transforming deal that taps into a history of close ties in Russia — but needs goodwill in Washington to succeed.

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