"NYT": The Trump administration's talks with Russia include a multi-billion oil deal
Quick Look
- The Trump administration is conducting talks with Russia on ending the war in Ukraine, which have expanded to include a multi-billion-dollar oil transaction for the Lukoil company.
- Steve Witkoff and Jared Kushner are said to be involved in the case.
AI-generated summary
Why It Matters
Lukoil has oil assets in many countries and gas stations in 11 countries.
The Trump administration's talks with Russia on ending the war in Ukraine have expanded to include a multi-billion-dollar oil deal that could benefit Middle Eastern business representatives linked to American negotiators Steve Witkoff and Jared Kushner, the New York Times reported on Saturday.
According to the daily, the agreement - the conclusion of which depends on the consent of the US government and the Kremlin - concerns an extensive network of oil fields, refineries and gas stations around the world belonging to the Lukoil concern.
Lukoil produces crude oil in Russia, Azerbaijan, Kazakhstan, Egypt and Iraq. It has its gas stations in 11 countries in Europe and the United States.
Trump's envoys were in Moscow on September 5
Open Questions
- Will the US administration consent to the transaction?
- What is the exact extent of the negotiators' business connections?
