The secretive sale of Russian diamonds, value tons of of hundreds of thousands of {dollars} each month, is fracturing the worldwide commerce that stretches from slicing factories in Mumbai to luxurious shops on New York’s Fifth Avenue.

Many within the trade refuse to deal in Russian gems following the invasion of Ukraine and after mining big Alrosa was hit with U.S. sanctions. However there’s a handful of Indian and Belgian consumers who’re snapping up giant volumes at profitable phrases, getting to choose and select the diamonds they want whereas others keep away.

The offers are occurring quietly, even for the famously secretive diamond world.