U.S. Suspends Some Sanctions on Russian Oil Giant Lukoil
- The U.S. has suspended some sanctions on Lukoil, allowing Lukoil-branded fuel stations to operate outside Russia, according to the U.S. Treasury Department.
- This suspension aims to mitigate harm to consumers and suppliers seeking to engage in ordinary transactions with Lukoil entities, according to the Treasury Department.
- The easing of sanctions follows meetings between White House negotiators and Russian President Vladimir Putin about ending the conflict.
- The decision helps Lukoil-branded stations continue serving customers while preventing money from flowing back to Russia.
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30 Articles
The news of Friday, December 5 on the conflict in Ukraine, live. Removed US sanctions in Lukoil. US envoys meet Umerov in Florida. Russian president is in India.
The US government announced Joi that it suspended part of the sanctions imposed by the Russian oil giant Lukoil to allow gas stations located outside Russia to continue to operate, inform AFP.
The decision was made to allow service stations outside Russia to continue operating, said the US Ministry of Finance on Thursday.
The US Office of Foreign Assets Control (OFAC) has extended the license for certain international operations of the Lukoil company until April 29, 2026.
The US Treasury Department on Thursday extended the operating license of Lukoil gas stations outside Russia and suspended some sanctions on the Russian oil giant.
U.S. Suspends Some Sanctions on Russian Oil Giant Lukoil
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