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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54 Articles
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.
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.
U.S.-Russia Talks on Ukraine Involve Multi-Billion Dollar Oil Deal, NYT Reports
The Trump administration’s talks with Russia on ending the war in Ukraine have expanded to include a multibillion-dollar oil deal that would benefit Middle Eastern business executives with ties to U.S. negotiators Steve Witkoff and Jared Kushner, the New York Times reported on Saturday.
NEGOTIATIONS by the Donald Trump administration with Russia to end the war in Ukraine have expanded into a multibillion-dollar deal that would directly benefit Middle Eastern businessmen linked to top US negotiators Steve Witkoff and Jared Kushner, The New York Times has revealed.
The package includes more than three billion barrels of proven and probable reserves and critical facilities in the European market, including in Bulgaria and Romania.
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