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US, Russia said to discuss deals for major US oil firms

Talks include oil, aviation and sanctions relief as officials seek economic incentives to pull Moscow into a peace deal, the Financial Times reported.

  • The US and Russia are discussing potential postwar business deals to bring Vladimir Putin into negotiations to end the war in Ukraine, according to The Financial Times. Proposals involve American oil majors, aviation, titanium, and sanctions relief.
  • US special envoy Steve Witkoff discussed potential arrangements with Putin during a September meeting in St. Petersburg; during a Moscow visit last week, photographs showed "Business Deals" written on Witkoff's notepad.
  • Proposals extend beyond oil to include restoring US airline access to Russian airspace and reviving titanium cooperation, alongside a proposal to transfer management of the Russian-occupied Zaporizhzhia Nuclear Power Plant to a US entity.
  • European officials have repeatedly opposed lifting sanctions or striking economic deals with Moscow before the war ends, stressing that decisions affecting EU interests cannot be made without European participation.
  • Planned trilateral talks involving Ukraine, the US, and Russia are scheduled for next month in Abu Dhabi; meanwhile, ExxonMobil, which previously held a 30% stake in Sakhalin-1, has not indicated plans to return to Russia.
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Center

The Kremlin is trying to squeeze economic concessions from the United States and renew and expand business relations with Russia. But it is adamantly refusing any compromises that could end Vladimir Putin's war of aggression against Ukraine.

Center

The deals are intended to act as an incentive for Russia to end the war, FT sources say.

·Helsinki, Finland
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Center

The United States and Russia are discussing a possible return of US oil companies to the Russian market, in negotiations to end Moscow's war against Ukraine, reported on Tuesday, 27 October, Financial Times (FT), according to Kyiv Post.

·Bucharest, Romania
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alsumaria.tv broke the news on Tuesday, October 27, 2026.
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