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2026-10-03T11:07:22.485Z

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Putin Suggests Selling Lukoil Assets

Putin Suggests Selling Lukoil Assets

The New York Times reported that Russian President Vladimir Putin proposed, during his discussions with U.S. President Donald Trump's envoy, a deal related to the sale of assets belonging to the Russian company Lukoil in the energy sector. This includes oil fields, refineries, and gas stations. The deal, which involves international assets owned by the company, could help build trust between Russia and the United States and reduce global energy prices. The transaction requires approvals from both the American and Russian sides, including the necessary U.S. sanctions and licenses. It is part of broader efforts to end the war in Ukraine and to promote economic and energy cooperation between the two countries.

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