The US and Russia are negotiating a multibillion-dollar oil deal
NYT reported on the expansion of negotiations between the Trump administration and Russia
Quick Look
- The US administration and Russia are negotiating a multibillion-dollar oil deal involving the assets of Lukoil.
- The issue was discussed at a meeting in the Kremlin.
AI-generated summary
Why It Matters
The US administration's negotiations with Russia on Ukraine have expanded to include an oil deal.
The US and Russia are negotiating a multi-billion dollar oil deal. This was reported by The New York Times (NYT), citing sources.
"The Trump administration's negotiations with Russia to end the war in Ukraine have expanded to include a multibillion-dollar oil deal that will benefit Middle Eastern executives with ties to the two top American negotiators, Steve Witkoff and Jared Kushner," the report said.
According to the newspaper, the deal relates to a vast complex of oil fields, refineries and gas stations around the world owned by the Russian company Lukoil.
Russian President Vladimir Putin raised the issue during a meeting with Witkoff and Kushner at the Kremlin on Sept. 5, according to three people familiar with the meeting.
Open Questions
- What specific Lukoil assets will be included in the deal?
- What are the terms of the agreement?
