Trafigura reports record first half, writes down interest in Russia’s Vostok to zero


Global commodities trader Trafigura has completely written down its investment in Russia’s Vostok Oil project in Siberia, the biggest oil development in post-Soviet times, following Russia’s invasion of Ukraine.

In its first half results for the period ending March 31, the Geneva-based trader said it aimed to divest its 10% stake...