The European Union has imposed sanctions on a Russian oil boss who is separately alleged by the US authorities to be acting as a “straw owner” of two yachts linked to Vladimir Putin and his inner circle.
Eduard Khudainatov served as chairman and chief executive of the state-controlled oil company Rosneft before setting up his own energy business, Independent Oil and Gas Company, which has grown rapidly to become one of Russia’s top oil producers with interests in extraction, refining and trading.