ZUG COMMODITIES
The Vanderbilt Terminal for Swiss Commodity Intelligence
INDEPENDENT INTELLIGENCE FOR SWITZERLAND'S COMMODITY TRADING SECTOR
Brent Crude $74.20/bbl| WTI Crude $70.80/bbl| LME Copper $9,510/t| Gold $2,910/oz| TTF Gas €41.80/MWh| CH Trading Hubs 450+| Brent Crude $74.20/bbl| WTI Crude $70.80/bbl| LME Copper $9,510/t| Gold $2,910/oz| TTF Gas €41.80/MWh| CH Trading Hubs 450+|

SECO

Swiss Commodity Trading Regulation 2026: Transparency, Due Diligence and the COCO Framework

Switzerland’s position as the world’s foremost commodity trading hub has long rested on a regulatory architecture that competitors characterise, …

1 Mar 2026

Swiss Sanctions Framework for Commodities: Compliance Guide for Trading Houses

Switzerland’s sanctions framework has undergone a dramatic transformation in recent years, moving from a traditionally neutral stance to active alignment …

28 Feb 2026

SECO and Swiss Commodity Regulation: Sanctions, Due Diligence, and ESG

The State Secretariat for Economic Affairs stands at the intersection of Swiss economic policy and the commodity trading industry's regulatory world. Once a relatively light-touch presence in the day-to-day operations of Geneva and Zug trading houses, SECO's role has been transformed by the Russia-Ukraine conflict, evolving AML standards, and the arrival of mandatory due diligence obligations.

24 Feb 2026

Switzerland's Oil Trading Dominance: How Geneva and Zug Control 35% of Global Oil Trade

A small landlocked country with no oil production, no refineries of international significance, and no ports has become the undisputed global capital of oil trading. Geneva and Zug together host companies that handle roughly 35% of the world's crude oil trade — a concentration of trading power that is the product of deliberate policy, deep historical roots, and structural advantages that competitors in London, Singapore, and Dubai have struggled to replicate.

24 Feb 2026