Former Russian oil king Gunvor seeks to divest from the country

By Dmitry Zhdannikov LONDON (Reuters) - Oil trading house Gunvor is seeking to cut exposure to Russia by selling assets in the country which had long been one the main generators of its growth and profit before the United States imposed sanctions on its co-founder. Swiss-based Gunvor, one of the world's top five oil trading houses, was hit by short-lived turmoil in March when the United States imposed sanctions on its co-founder Gennady Timchenko and other Russian businessmen close to president Vladimir Putin over the crisis in Ukraine. Read More http://ift.tt/1zwMtUV