US EditionLukoil Operations Face Fallout From Trump Sanctions, Gunvor Drops Bid
US sanctions force Lukoil to halt operations in Moldova by Nov 21, disrupting fuel supplies and complicating asset sales, with Moldovan officials rejecting proposed asset divestments.
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10 Articles
US Treasury Slams Global Oil Trader Gunvor as “The Kremlin’s Puppet” in Blocked Lukoil Deal
Russian leader Vladimir Putin (C) walks with US Senator Charles Schumer (D-NY) (R) during the opening of Lukoil's gasoline station September 26, 2003 in the Chelsea neighborhood of New York City. (Photo by Stephen Chernin/Getty Images) US President Donald Trump sanctioned Russia’s two largest oil companies Rosneft and Lukoil in October 2025, barring them from conducting transactions in US dollars. Lukoil, a private company with significant overs…
Lukoil operations face fallout from Trump sanctions, Gunvor drops bid
Lukoil’s international operations faced mounting disruptions on Friday as a U.S. deadline for companies to cut off business with the Russian oil company looms and after a hoped-for sale of the operations to Swiss trader Gunvor collapsed
Moldovan Sanctions Impact Russian Energy Giant Lukoil
Moldova's energy minister announced that Russian company Lukoil must cease operations in the country by November 21 due to U.S.-imposed sanctions. The company, involved in fuel storage, will halt gasoline, diesel, and kerosene supply, though Moldova seeks temporary exemptions to minimize disruption.
Washington's decision to include Lukoil and Rosneft on the black list of sanctions created by Haos in the EU, where companies are present. Romania and Bulgaria are trying to prevent the closure of Lukoil's fines before the sanctions enter into force on 21 November, including by requesting a derogation for both the application of the restrictions, according to POLITICO.
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