Middle East crude exports recently climbed to their highest levels since the start of the Iran war as more Gulf producers resume transit through the Strait of Hormuz – despite the continued threat of Iranian attacks. Yet oil prices remain stubbornly elevated, suggesting logistical problems are proving as disruptive as outright supply losses.
Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers and logistical constraints cloud the outlook for sustained higher flows.
Persian Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers continue to cloud the outlook.
Persian Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers continue to cloud the outlook.
30 de setembro – o prazo final para uma possível ação militar iraniana contra o bloqueio naval de Trump – chegou e passou. O Irã manteve sua posição – sem, na essência, disparar contra a Marinha dos EUA que impunha o “bloqueio” (tãooooo distante). Mas o espetáculo precisa continuar. Como plano B, tivemos um espetáculo no horário nobre – na verdade, uma dupla farsa: a versão remixada do 11 de setembro na FlyDubai.
Essa manobra patética nunca foi um “ataque terrorista”; foi uma operação psicológica do Mossad mal elaborada, com muitos detalhes improváveis, incluindo um encanador que assumiu o controle do avião porque viu isso na TV.
Os manipuladores foram o culto da morte na Ásia Ocidental, os próprios Emirados Árabes Unidos e Washington. A narrativa oficial é para pessoas com QI abaixo de 50: um copiloto “jihadista” – convenientemente de Omã, pois a demonização exige isso – tenta fazer um avião cheio de sionistas se chocar contra o solo. Os proverbiais passageiros heroicos – incluindo o encanador – o dominam com as próprias mãos.
O culto da morte está fazendo de tudo para isentar os emiradenses de qualquer responsabilidade. O foco está no “terrorista” omanense.
Isso é o que se chama de tríade perfeita: os muçulmanos são e sempre serão terroristas; o culto da morte é sempre uma vítima; e a Arábia Saudita precisa entregar o “terrorista” ao culto da morte.
Fácil, então, para um copiloto contrabandear uma faca no aeroporto de Dubai, que é extremamente vigiado, a bordo de uma das rotas mais vigiadas do planeta. E quanto à Força Aérea do culto da morte, incapaz de impedir o pouso do avião em Tabuk?
Porque o plano sempre foi pousar em Tabuk. Essa é a maior base aérea saudita no noroeste e a mais próxima de Israel; o culto da morte vem tentando há anos obter acesso a ela. Agora eles podem acabar conseguindo o pacote completo: acesso ao espaço aéreo saudita; informações privilegiadas; e muito mais, cortesia da pressão conjunta de Abu Dhabi e Washington.
No Transition Protocol, constatamos que, quando o líder do culto da morte voou “secretamente” para Abu Dhabi para se encontrar com o chefe dos Emirados Árabes Unidos, MbZ, em uma reunião bilateral, ele também pode ter se encontrado com pessoas de vários países árabes, incluindo Catar, Omã, Líbia e Marrocos.
Os sauditas negaram veementemente que fizessem parte do pacote. O mesmo fez a Jordânia. Omã aparece apenas por meio de uma fonte israelense. Não há confirmação oficial por parte do Catar, Omã, Marrocos ou Líbia.
Teerã, de qualquer forma, reagiu com extrema irritação, alertando para “consequências muito perigosas”. A determinação iraniana é clara – não deixar que esses chihuahuas atrapalhem o processo fundamental de reduzir ao máximo a influência dos EUA e de Israel na Ásia Ocidental.
Islamabad, por sua vez, continua a perseguir a tarefa sisífica de avançar aos poucos em direção a um progresso mínimo, mediando tanto entre a Arábia Saudita e o Ansarallah quanto entre os EUA e o Irã.
O Catar entregou ao ministro das Relações Exteriores do Irã, Abbas Araghchi, a resposta dos EUA em Doha na última terça-feira. O desentendimento parece girar em torno da sequência dos passos, e não dos componentes. O texto, da forma como está, é uma espécie de versão aprimorada do notório Memorando de Entendimento “gato morto” – também conhecido como o quadro de Islamabad. Ninguém está apostando que a carroça morta ressuscitará – de novo.
Rússia, Irã, Iêmen: vamos dar uma surra nesses desgraçados sem piedade
Agora vamos ao que realmente importa: o Iêmen. E até que ponto os durões de Sana’a estão dispostos a infligir aniquilação a Riade. A destruição das instalações petrolíferas é fácil demais – é apenas o começo. O Iêmen está em fúria. E eles não vão parar por nada.
Já podemos ver uma confluência surpreendente entre a Casa de Saud, a Marinha dos EUA fora da Pérsia e a OTAN no país 404: todos estão sendo massacrados sem piedade. A Rússia e o Irã nem sequer começaram ainda. E falando do Iêmen.
Sergey Karaganov, no início desta semana, mais uma vez anunciou publicamente: a Stavka russa tomou finalmente a decisão fatídica de acabar com o sofrimento dos neonazistas de Kiev. E, em uma sessão extraoficial de duas horas no Valdai, nos arredores de Moscou, o Grande Mestre Sergey Lavrov, totalmente relaxado, reafirmou mais uma vez que a Rússia está pronta para a guerra na Europa. E sim, será rápida. Sem limites.
O Ansarallah e as Forças Armadas do Iêmen aguardam que três vetores se concretizem: uma inevitável “Hora Zero” soando por toda a Ásia Ocidental; o potente fervilhar e a ebulição de confrontos intra-reais e intertribais dentro da Arábia Saudita; e todas as peças do quebra-cabeça se encaixando para que a “Tempestade Iemenita” que se aproxima seja desencadeada sobre a Arábia Saudita.
Atualmente, Riade não reconhece nenhum ataque vindo do Iêmen, enquanto Sana’a anuncia todos os dias, com a precisão de um relógio, o número de ataques aéreos sauditas contra o Iêmen – visando mercados, fazendas, residências, pontes, instalações hídricas e redes de telecomunicações: o proverbial manual do Sindicato de Epstein.
O Irã, por sua vez, já aumentou a aposta, atacando Bu Hasa, da ADNOC, a sudoeste de Abu Dhabi: trata-se de um dos maiores campos terrestres de petróleo e gás dos Emirados Árabes Unidos, que abastece o estratégico oleoduto Habshan-Fujairah, a única rota de exportação dos Emirados que contorna o Estreito de Ormuz.
O próprio desvio da Arábia Saudita, o oleoduto Leste-Oeste, foi atingido há três semanas e bombardeado novamente pelo Iêmen no início desta semana, em Abqaiq.
Atacar a ADNOC e Abqaiq quase simultaneamente pode significar a retirada de até 13 milhões de barris de petróleo por dia do mercado. Nunca é demais lembrar a todos que o Irã e o Iêmen vêm como um pacote. É esse pacote que importa – e nenhum falso ataque de bandeira falsa, tipo um 11 de setembro em miniatura, vai mudar isso.
The number of shadow-fleet vessels carrying Russian oil and LNG through the Northern Sea Route has surged this summer, according to a new analysis by the Bellona Environmental Transparency Center, raising concerns about the ability to respond to accidents in one of the world's most remote shipping environments.
By Florence Tan SINGAPORE, Oct 5 (Reuters) – Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed...
President Donald Trump has gone and really done it this time. “We had them under view for a long time, and we got them,” he said about the five British men arrested at RAF Fairford, initially said to be terrorists targeting US aircraft at the British base.
It turns out the would-be terrorists did not have explosives. Instead, they had stolen red diesel for farm equipment. The British cops are mum. They’re not saying much about the arrest or the incident. The Gloucestershire Police advised the public not to speculate, but how could there possibly be no speculation in the age of social media?
Naturally, speculation went ballistic on X and other platforms. It was immediately declared that the alleged perpetrators were Iranian terrorists, maybe sleeper cells, and an image was posted of men stripped to the waist in handcuffs as evidence. It was soon discovered the image was an AI fake.
The Secretary of State went before the cameras and told the American people a “foreign actor” is responsible for the foiled attack. Initially, the knee-jerk reaction was to blame Russia. It had to be Russia, but that was not very useful, so it became evil Iranian terrorists caught in the act of sabotaging our aircraft used to bomb grade schools and hospitals.
The Brits released the five men, most likely because there is no evidence they are terrorists, but rather thieves attempting to make a buck on stolen diesel in a market where diesel is rapidly becoming scarce and expesnive, thanks to Trump’s war. There is currently an epidemic of fuel thefts from farms, but that’s not exploitable for the narrative that insists wicked mullahs in Iran can’t wait to nuke America, Israel, and maybe even the UK.
Not that facts matter to the new Prime Minister of the United Kingdom, Andy Burnham, the former frontbencher. He said there are strong indications that Iran played a part in what happened over the weekend at RAF Fairford.
Prior to Burnham, Zia Yusuf, the spokesperson for home affairs, trekked to the site of the diesel terrorism incident and said the UK must declare a national security emergency. He said there are “strong indications” Iran was involved.
Reform UK Leader Nigel Farage also demanded the declaration of a national emergency in response to “potential terrorists” stealing diesel. Farage said the diesel heist was a dry run for an attack on US forces. It is said he later deleted his social media posts, possibly because he looks like a fool.
Tobias Ellwood, a Conservative MP, demanded to know why the suspects were released on bail, while a BBC “military expert” said it was probably the Russians that nicked all that diesel.
Some folks believe the Fairford incident was a botched false flag. I disagree. The misinterpreted episode provided an excuse for the state and its corporate media to amplify the claim that there are deadly Iranian terrorists out there sleeping in cells, waiting to kill Americans.
Trump, Rubio, neocons of all stripes, and MAGA bystanders are desperate to pin something on Iran as a pretext to escalate the war. Instead of backing off and admitting they hysterically jumped the gun, they will double down and further complicate what was an avoidable situation that is now eating away at the global economy.
Trump is incapable of conceding. He will continue this disastrous war as long as possible, up until the time he is removed from the Oval Office or put on cholinesterase inhibitors to manage his hallucinations.
No one knows how the US Supreme Court will rule in Suncor v. Boulder, the case that will kick off the court’s fall term next week and will likely decide whether the city and county of Boulder, Colorado, will be able to put oil giants ExxonMobil and Suncor Energy on trial for deceiving the public for decades about the climate harms of fossil […]
September 30 – the deadline for a possible Iranian kinetic move against the Trump naval blockade – came and went. Iran stuck to its guns – without essentially releasing them on the “blockading” (sooooo far away) U.S. Navy. But the show must go on. As Plan B, we did get prime time spectacle – actually a double fake: the remixed 9/11 on FlyDubai.
This pathetic stunt was never a “terror attack”; it was a mediocre-packaged Mossad psy op with lots of improbable extras, complete with a plumber who took control of the plane because he saw it on TV.
The manipulators were the death cult in West Asia, the UAE itself and Washington. The official narrative is for people with an IQ below 50: a “jihadist” co-pilot – conveniently from Oman, demonization requires it – tries to crash a plane full of Zionists. The proverbial heroic passengers – plumber included – overpower him with their bare hands.
The death cult is pulling all stops to absolve Emiratis of any responsibility. The focus is on the Omani “terrorist”.
Talk about the perfect trifecta: Muslims are and will always be terrorists; the death cult is always a victim; and Saudi Arabia needs to hand over the “terrorist” to the death cult.
Piece of cake then for a co-pilot to smuggle a knife at ultra-surveilled Dubai airport onboard one of the most surveilled routes on the planet. And what about the death cult Air Force being unable to stop the landing of the plane in Tabuk.
Because the plan was always to land in Tabuk. That’s the largest Saudi airbase in the northwest, and the closest to Israel; the death cult has been trying for years to get access to it. Now they may end up getting The Full Monty: access to Saudi airspace; privileged intel; and more, courtesy of joint pressure by Abu Dhabi and Washington.
At Transition Protocol we established that when the leader of the death cult “secretly” flew to Abu Dhabi to meet UAE head honcho MbZ in a bilateral, he also may have met people from several Arab nations, including Qatar, Oman, Libya and Morocco.
The Saudis vehemently denied they were part of the package. So did Jordan. Oman appears only via one Israeli source. There’s no official confirmation by Qatar, Oman, Morocco or Libya.
Tehran anyway reacted with extreme irritation, warning of “very dangerous consequences”. The Iranian determination is clear – not to let those chihuahuas derail the fundamental process of reducing to the max U.S./Israeli influence in West Asia.
Islamabad for its part continues to pursue the Sisyphean task of inching towards minimalistic progress mediating both Saudi Arabia–Ansarallah and U.S.-Iran.
Qatar did hand Iran Foreign Minister Abbas Araghchi the U.S. answer in Doha this past Tuesday. The clash seems to be over sequencing, rather than components. The text, as it stands, is a sort of enhanced version of the notorious dead cat MoU – also known as the Islamabad framework. Nobody is betting the dead cart will resurrect – again.
Russia, Iran, Yemen: let’s pummel those bastards with no mercy
Now let’s get to the real nitty-gritty: Yemen. And what degree of annihilation Sana’a’s badasses are prepared to inflict on Riyadh. Obliteration of oil installations is too easy – just the soft opening. Yemen is raging. And they will stop at nothing.
We can already see a startling confluence between the House of Saud, the U.S. Navy outside of Persia, and NATO in country 404: they are all being pummeled with no mercy. Russia and Iran haven’t even started yet. And talk about Yemen.
Sergey Karaganov earlier this week once again called it in public: Russia’s Stavka has finally reached the fateful decision to put the Kiev neo-nazis out of their misery. And at an off the record, two-hour long session at the Valdai outside of Moscow, Grandmaster Sergey Lavrov, totally relaxed, reaffirmed again that Russia is ready for Europe’s war. And yes, it will be swift. No holds barred.
Ansarallah and the Yemeni Armed Forces are waiting for 3 vectors to gel: an inescapable Zero Hour ringin’ all across West Asia; the potent simmering and ebulition of intra-royal and inter-tribal clashes inside Saudi Arabia; and all pieces of the puzzle falling in place for the Coming Yemeni Storm to be unleashed over Saudi.
As it stands, Riyadh does not acknowledge any attacks from Yemen, while Sana’a announces every day, like clockwork, the number of Saudi airstrikes on Yemen – targeting markets, farms, homes, bridges, water facilities, telecom networks: the proverbial Epstein Syndicate playbook.
Iran for its part has already upped the ante, striking ADNOC’s Bu Hasa southwest of Abu Dhabi: that’s one of the UAE’s largest onshore oil and gas fields, feeding the strategic Habshan-Fujairah pipeline, the UAE’s only export route bypassing the Strait of Hormuz.
Saudi Arabia’s own bypass, the East-West pipeline, has been struck 3 weeks ago and re-bombed by Yemen earlier this week, at Abqaiq.
Hitting ADNOC and Abqaiq nearly simultaneously may account for taking as many as 13 million barrels of oil a day off market. It’s never enough to remind everyone that Iran and Yemen come as a package. That’s the package that counts – and no puny false flag crypto 9/11 will change that.
Dalla pandemia ai venti di guerra sono tante le crisi che le economie mondiali hanno dovuto affrontare negli ultimi anni. Finora hanno dimostrato capacità di resistenza. Perché varie condizioni sono mutate e le banche centrali hanno più spazio di manovra.
As global oil supplies continue to tighten up amid ongoing geopolitical conflicts that have pushed up fuel prices, the governor of Texas has declared a state of emergency.
As global oil supplies continue to tighten up amid ongoing geopolitical conflicts that have pushed up fuel prices, the governor of Texas has declared a state of emergency.
Persian Gulf oil producers are shifting critical cargo transfer operations even farther out of the war-hit region as waters just outside the Strait of Hormuz become congested with tankers.
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase & Co. and Goldman Sachs Group Inc.
When governments talk about reducing dependence on the Strait of Hormuz, the discussion usually turns to pipelines in Saudi Arabia and the United Arab Emirates. For Asian importers, that is only part of the story. The physical bottleneck is in the Persian Gulf, but much of the economic exposure sits thousands of kilometers to the […]
For most of shipping history, the valuation equation has been straightforward. A ship leaves the yard, begins ageing and progressively loses value. New steel commands the premium. Older steel trades at a discount.
While the country queues for petrol, import licences are being given to the network behind Mongolia’s largest corporate fraud. Mongolia spent Augustrationing petrol, as the country faces an ‘unprecedented’ fuel crisis. In response, the Government has made importing fuelmore profitable, and has sped up the process for issuing new licences.[1]
Mongolia is heavily reliant on foreign oil, primarily from Russia. To import it, businesses need an ‘all-types fuel import licence’, issued by the Ministry of Industry and Mineral Resources, which decides through paperwork checks.[3] Foreign businesses cannot import directly — they must sell through a Mongolian-licensed entity.[4]
Some 164 companies hold an import licence. Of these, 34 have been granted since 2025.[5]The number of companies licensed to import fuel has more than doubled in under five years.[6]
They have also become considerably more valuable. Duty and excise on fuel have been zeroed, importers offered preferential loans and subsidised storage for reserves, and the customs service has been told to expedite clearance of petrol consignments.[7]
A number of companies granted all-types fuel import licences in 2025 and 2026 are connected to Jononbayar Erdenesuren and the Lex Oil network behind his $1.1bn scheme. That scheme was executed through the very exploitation of import licences.
None of these importers are required to disclose the amount of oil they import.Only 11 of the 164 licence holders imported fuel in the first days of August. When asked which 11, and how much each imported, the Customs General Administrationrefusedto answer, citing customs law.
Lex Oil’s network is growing
Since 2025, two former Lex Oil CEOs have taken positions in dormant companies that then received fuel licences. In one case, the licence was obtained the same day the shareholding was registered.
Following five years of inactivity,[8]Standard Oil Gas appointed a new Director, Erdenebat Indra, in December 2025. Indra ran Lex Oil from January 2019 until February 2024 – nearly the whole period in which the losses accrued.[9] Six weeks later, Standard Oil was granted an import licence. Indra became a shareholder that same day.[10]
The pattern was replicated by Indra’s successor at Lex Oil, Banzragch Batdavaa.[11] Batdavaa bought into Best Dragon, a company with no prior fuel operations, in July 2025. It was granted import permits just two months later.[12] Batdavaa remains in business with both Mongolian and offshore entities linked to the scheme,[13] amongst them two Dubai entities – Peak Solutions (co-managed with Jononbayar’s mother)[14], and his own APEXPP commodities.[15]
Two other companies, granted licences in the spring of 2025, were already owned by individuals in the network. Tod Oil received its first licence in April 2025, although the company was incorporated six years earlier by entities closely tied to Jononbayar.[16] Its founder, Tod Petroleum, was co-founded by Lex Oil and former VS Oil CEO Bataa Anarchuluu.[17] Bataa continues to operate within the network, serving as the Executive Director of the helicopter business linked to both the scheme and the son of former Prime Minister Oyun-Erdene.[18]
Another, Apex Petroleum, was incorporated in October 2024 – the month the $1.1bn provision was made public.[19] Three of the five founding shareholders had previously founded businesses with Jononbayar himself.[20] These three include Mönkhjargal Javkhlan (son of a licensed importer linked to the Government)[21] and Jononbayar’s rumoured mistress, Yalaltbayar Khongorzul.[22]
Three further entities — ABR Eco Trans, Petro Spark and Standard Energy and Oil — have links to Jononbayar’s network. ABR was incorporated in October 2024 and licensed to import fuel in April 2025.[23] It has since taken on the founder of BID Energy, Bold Luvsandagva, as its shareholder and executive director.[24] In February 2026, ABR moved into the same unit BID Energy had occupied until that December.[25]BID Energy is Indra's other licensed importer. It was granted import licences in 2024, 11 weeks after Indra left Lex Oil.[26] Indra bought into the company and is now its ultimate beneficial owner.[27]
Another, Petro Spark, was licensed on the same day as Apex Petroleum.[28] Its owner, Yadamsüren Dorjchanga, holds a network of businesses with Yondon Uuganbayar.[29] Uuganbayar bought shares in Jononbayar’s family’s meat business, Erdenet Makh Market, two weeks after the Lex Oil scheme was disclosed in October 2024.[30]
The seventh company, Standard Energy and Oil, was licensed in 2025.[31] In May 2026, it was taken over by N. Monsor.[32] Monsor is a reported close contact of Jononbayar.[33] He was director of a Mongolian company, Sky Professional Logistics,[34] when it received over $7.5 million from an offshore entity called Class Trading Limited,[35] and distributed it the same day among nine recipients. These included Jocondy, a company owned by Jononbayar’s aunt, the founder of Lex Oil.[36]Jocondy was reportedly directed by Jononbayar at the time.[37] It is reported that Jononbayar had previously made transfers into Class Trading.[38]
These are not the network's first import licences. Nine companies linked to Jononbayar, the first being Lex Oil itself in 2019, were granted import licences before 2025,[39] meaning at least 16 of the 164 importers are connected to his network.
New Licences, Existing Networks
Even outside that seven, what distinguishes a successful candidate is often the individual owner, as opposed to the company profile. One grantee, TES PetroleumTrade,[40] is owned by the reported son of Baagaa Battömör,[41] a sitting MP who had previously run both Mongolia’s tax and customs administrations.[42] Two licences went to companies owned separately by partners in an existing fuel business.[43] Four more went to Chinese-controlled businesses, two of them on the same day. None was set up as a fuel business, and three were still unregistered for fuel activity when they were licensed.[44]
Of the 34 companies granted import licences by the Ministry of Industry and Mineral Resources in 2025 and 2026, 14 had been incorporated less than two years before the award.[45] Eight more of the organisations granted licences changed hands shortly before they were licensed.[46]
The Government’s Response
On 17 August, the Ministry of Industry and Mineral Resources warned that importers who failed to keep filling stations supplied could lose their licences. The Minister admitted that some importers were holding stock and not selling it.
Revoking a licence removes a registration but has no bearing on the individuals behind the businesses. With fewer regulatory checks, and more demand than ever, the doors are being left open to actors who previously exploited Mongolia’s fuel import regulations.
Mongolia scored 31 out of 100 on Transparency International's 2025 Corruption Perceptions Index, ranking 124th of 182 countries, its worst score on record. In September 2025 the US State Department reported that businesses in Mongolia face "substantial and unpredictable regulatory burdens at every level", with officials across ministries and agencies routinely contravening existing law and regulation. Unless the country creates laws transparently and implements them predictably, it warned, "investors may find Mongolia too risky and opt for more competitive countries."[47]
The victim of Jononbayar’s fraud scheme, Trafigura, used to be one of the most important importers of oil into Mongolia.[48] The fraud orchestrated by the playboy,[49] which personally enriched both himself and his family,[50] put that to an end. Now, the individuals involved are being allowed back in to exploit the crisis at the expense of ordinary Mongolians.
The crisis was a chance to show that direction had changed. Instead, the Government zeroed duty, offered importers preferential loans and subsidised storage, and issued 34 new licences — leaving at least 16 of the 164 with one network. Now agents known to have exploited the same system previously, are being allowed in again.
[3] In order to gain these, an applicant must produce its registration documents, prove membership of the relevant professional association, and file its contract with the fuel supplier in original: https://legalinfo.mn/mn/detail?lawId=208190
[5] Data as of 20 August, taken from https://license.mn/ (official electronic licence system)
[6] 80 companies Eighty companies held a licence to import fuel into Mongolia on 1 January 2022, recorded in the Ministry of Mining and Heavy Industry's register of petroleum products special licences, 22 March 2022: https://mmhi.gov.mn/wp-content/uploads/2022/03/ГТБ-тусгай-зөвшөөрлийн-жагсаалт-2022.03.22.pdf. 164 currently hold licences, per license.mn, the Ministry of Industry and Mineral Resources official register, as of September 2026: https://license.mn/.
[8] Standard Oil Gas LLC’s fuel import licence expired in 2020, and it recorded no other activity in the intervening period: https://opendatalab.mn/search/6120954
[12] Best Dragon, incorporated 2020, dormant until 2025 when ownership was transferred to Batdavaa. Fuel import licence granted 26 September 2025: https://opendatalab.mn/search/6574246
[14] Cedar Rose UAE corporate data accessed via Sayari, 21 August 2026: PEAK SOLUTION DMCC, commercial register DMCC194234, licence DMCC-855346, incorporated 5 August 2022;
[20] Three founders: Bayardalai Erdenezaya (founded Kem Tek with Jononbayar in 2016, and Commodity Trans with his mother in 2019); Mönkhjargal Javkhlan (registered at the same two businesses, alongside Diamond Oil and Energy), Yalaltbayar Khongorzul (co-founded Khongorfinance with Jononbayar in 2015),
[23] ABR Eco Trans LLC, incorporated 15 October 2024; wholesale permit 0016 from 20 March 2025 and all-types fuel import licence 0015 from 25 April 2025; https://opendatalab.mn/search/7077609
[24] Luvsandagva registered as ABR shareholder and joint beneficial owner on 24 November 2025 and as executive director on 29 January 2026; he founded BID Energy on 13 December 2023 with Baterdene Lkhagvadulam and was its first executive director: https://opendatalab.mn/search/7077609 and https://opendatalab.mn/search/8454485
[27] Indra registered as BID Energy shareholder and executive director on 16 August 2024 and as sole ultimate beneficial owner on 1 December 2025: https://opendatalab.mn/search/8454485
[28] Petro Spark LLC, incorporated 8 May 2024, sole shareholder and beneficial owner Yadamsüren Dorjchanga; import licence 19 May 2025, the same date as Apex Petroleum: https://opendatalab.mn/search/7025169
[30] Uuganbayar owns Mon Beef Cattle: https://opendatalab.mn/search/8324328 . Mon Beef Cattle acquired Erdenet Makh Market LLC, from Dorjgochoo Erdenetuyaa 24 October 2024, days before the scheme was disclosed.
[32] Monsor became the director of Standard Energy and Oil on 5 May 2026. It was acquired the same day by an investment fund, then owned by Dorj Enkhtuya (renamed KK Real Estate private fund two days later): https://opendatalab.mn/search/6607829. Mansor was the previous manager of that fund, and founded it himself through another vehicle he still owns and manages, Ulaanbaatar Asset Management: https://opendatalab.mn/search/5493498 . He became the CEO of Standard Energy and Oil on the day it was taken over by KK Real Estate.
[34] Monsor is reported to have run Sky Professional Logistics: https://www.livetv.mn/p/11193. Court records state the executive director of Sky Professional Logistics concluded a wagon-transport agreement with the head of Ulaanbaatar Railway on 28 July 2017, naming him as Н.Монсов: https://shuukh.mn/single_case/19024
[35] Reporting states that US$7,545,900 was transferred from Class Trading Limited to Sky Professional Logistics on 8 August 2017 https://gogo.mn/r/5292y. Class Trading Limited was incorporated in the Turks and Caicos Islands and registered a Hong Kong place of business on 13 May 2015: Hong Kong Companies Registry, Company Particulars, BRN 64752427.
[42] Battömör has sat in the State great Khural since 2016, he was deputy head, then head of the State Customs General Administration from 2008-11 and Head of the Tax General Administration from 2011-13: https://www.24tsag.mn/a/227052
Achit Güür MS - received import licence 14 Jan 2026, Remains unregistered for any kind of fuel-related activity (registration codes are for freight, agriculture, tourism and motor vehicle sales): https://opendatalab.mn/search/6891802; Söüd Mont Forest - received import licence 11 December 2025, Registered for fuel wholesaling 6 December 2025, (previous registration codes are for motor vehicles, freight, automotive sales and machinery), https://opendatalab.mn/search/7058649.
[45] Data as of 20 August, taken from https://licence.mn/ (official electronic licence system)
[46] Data as of https://licence.mn/ checked against https://opendatalab.mn/search/[registration number]. “Changed hands” to mean change of shareholder, director or beneficial owner within twelve months on either side of grant.
The European Commission has appointed Mihail Dumitru (pictured) as new chair of the Mission Board EU Mission “A Soil Deal for Europe”. M. Dumitru is a former Minister of agriculture and rural development of Romania and former Deputy Director-General in the Commission’s Directorate-General for Agriculture and Rural Development. He will bring his extensive experience on agricultural and soil issues, the Common Agriculture Policy (CAP), rural development and research and innovation to provide advice and help achieve the Mission’s objectives.
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