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Lukoil's Finnish petrol stations to shut over US sanctions

Teboil will close 430 stations in phases due to U.S. sanctions on parent company Lukoil, impacting about one-fifth of Finland’s petrol station market, officials said.

Summary by Reuters
Finnish petrol station operator Teboil, owned by Russian oil major Lukoil said on Wednesday it is preparing to shut down all its stations in the Nordic country as fuel runs out amid U.S. sanctions against its parent company.

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Teboil announced earlier on Wednesday that it would shut down its stations. According to an expert, the closure of Teboil's stations appears to be final.

·Finland
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Good morning, Yesterday, after the scandal broke out with innovation calls for biotechnology and robotics, President Peter Pellegrini accepted the resignation of Deputy Prime Minister Peter Kmec and “temporarily entrusted” Education Minister Tomáš Drucker with “managing his agenda.” However, this did not bring peace to the coalition. After losing the ministry, which was led by Richard Raši, the vote lost another member of the government and its …

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Reuters broke the news in United Kingdom on Wednesday, November 19, 2025.
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