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US-Russia talks on Ukraine involve multi-billion dollar oil deal, NYT reports

The proposed transaction would cover Lukoil’s global oil assets and needs approval from both the U.S. government and the Kremlin, the New York Times reported.

  • On Saturday, the New York Times reported that President Donald Trump's administration has expanded Ukraine peace talks to include a multibillion-dollar sale of Lukoil's international oil assets involving envoys Steve Witkoff and Jared Kushner.
  • The proposed transaction, estimated at around $20 billion, covers Lukoil's global network of oil fields, refineries, and gas stations, requiring formal approval from both the United States and the Kremlin to proceed.
  • Russian President Vladimir Putin raised the sale during a Sept 5 meeting with Witkoff and Kushner, proposing the deal to demonstrate that Russians could continue conducting business with the United States.
  • Investor Todd Boehly is leading a consortium, including Middle Eastern partners and an arm of the United States government, that is actively pursuing the acquisition of these assets.
  • The White House, the Treasury Department, and Lukoil did not respond to requests for comment regarding the reports, which link the transaction to business executives with ties to U.S. negotiators.
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Lean Left

US-Russian talks on Ukraine expand to multi-billion dollar oil deal - US and Russian media discuss possible sale of international assets to Lukoil for billions of dollars as part of <p>negotiations to conclude wars. There is no final decision, and the transfer of assets will require approval from OFAC.</p>

·Kyiv, Ukraine
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Center

Pregovori Trumpove administracije s Rusijom or okončanju rata u Ukrajini proširili su se i naftni posao vrijedan više milijardi američkih dolara od kojeg bi korist imali poslovni ljudi s Bliskog istoka povezani s američkim pregovaračima Steveom Witkoffom […] Objava Trump and Putin pregovaraju o Ukraine. You can also use the Lukoilom pojavila to put it on the new list.

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The White House talks with Russia, the main topic of which is ending the war in Ukraine, will also discuss a multi-billion dollar deal for Lukoil assets, which also involves US President's special envoys Steve Witkoff and Jared Kushner, the New York Times (NYT) reports.

·Tallinn, Estonia
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Center

The New York Times reported on Saturday that the Trump administration's negotiations with Russia to end the war in Ukraine have been expanded to include a multibillion-dollar oil deal that would benefit Middle Eastern businessmen who have business ties to US special envoy Steve Witkoff and Jared Kushner.

·Budapest, Hungary
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Lean Right

According to a report, the US talks with Russia about an end to the war are also about oil business. Business partners from the Witkoff and Kushner environment could profit.

·Düsseldorf, Germany
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  • 44% of the sources are Center, 43% of the sources lean Right
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Phil's Stock World broke the news on Saturday, October 3, 2026.
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