US-Russia talks on Ukraine involve multi-billion dollar oil deal, NYT reports
The proposed sale would lift U.S. sanctions on Lukoil assets and could raise their value, 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.
165 Articles
165 Articles
Oil Deal for Trump Allies Is Part of Peace Discussions
Peace talks and petroleum are intersecting in the Trump administration's approach to ending the Russian war on Ukraine. The New York Times reports that inform US-Russia discussions now feature a proposed multibillion-dollar purchase of Russian energy giant Lukoil's global assets—a deal that could help Middle Eastern business figures with...
The Trump administration apparently wants to help with a billion-dollar deal with the Russian company Lukoil. A corresponding contract is discussed with Putin, reports the "New York Times".
Donald Trump's peace negotiations with Vladimir Putin have now included a billion-dollar deal with Russian Lukoil, reports the New York Times. A deal that would benefit a Trump donor and people with whom the peace brokers, Kushner and Witkoff, have business ties. - An alarming and very worrying tangle, says Hui Chen, a former prosecutor at the US Department of Justice.
US-Russia Talks To End Ukraine War Now Involves A Massive Oil Deal: Report
The deal, which is contingent on approval from the US government and the Kremlin, involves a sprawling set of oil fields, refineries and gas stations around the world owned by Russian energy group...
Lukoil's foreign assets deal became part of Russia's and the United States' negotiations for the end of the Russian-Ukrainen war, and the sources of The New York Times (NYT) described it.
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