🇺🇸 Donald Trump
US-Russia talks on Ukraine now involve multi-billion dollar oil deal tied to Trump & his allies
What happened
Talks between the US and Russia over ending the war in Ukraine have expanded to include a proposed deal for Lukoil's international oil assets, which would require approval from both the US government and the Kremlin. A group led by US investor Todd Boehly has emerged as the leading bidder, alongside Middle Eastern investors and the US government. The deal includes Lukoil's oil fields, refineries, and gas stations. The US side views the deal as a possible means of building goodwill with Moscow wh
Why it matters
The proposed deal has raised questions about the overlap between the Trump administration's diplomatic efforts with Russia and the business interests of people connected to the president and his allies.
Key facts
- Todd Boehly leads the group seeking Lukoil's assets
- The deal requires approval from the US treasury department
- Lukoil's international assets valued at approximately $20 billion
Topics
Publisher evidence used
Reporting attributed to timesofindia.indiatimes.com. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.
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