23 Hrs
Source:
Sky News
U.S.-Russia Ukraine talks include Lukoil deal
The article discusses the development of negotiations between the United States and Russia regarding a major oil deal involving assets owned by the Russian company Lukoil. The assets include oil fields, refineries, and stations across several countries. The deal was presented during a meeting at the Kremlin in September, aiming to demonstrate that Russia is still capable of conducting business despite sanctions, under the condition of mutual agreement between the two governments. The assets are valued at approximately $20 billion, occurring amid a global energy supply shortage that could help lower energy prices. The deal raises questions about the intersection of business and political relationships, especially since some investors close to the Trump administration are involved in the purchase efforts. This has sparked concerns over the valuation of the offers and their potential impact on relations with Moscow, amid the ongoing sanctions imposed on Lukoil.
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