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News  ›  Benzinga

US Eases Path For Russian Oil Giant Lukoil's Foreign Asset Sales

Benzinga Logo Benzinga By Mohd Haider
US Eases Path For Russian Oil Giant Lukoil's Foreign Asset Sales

The US Treasury Department authorized potential buyers to negotiate Lukoil's foreign asset sales through December 13, following sanctions imposed last month on Russia's largest oil companies in response to their role in financing the Ukraine war.

Insights
GOOGL   negative

Trailing behind in AI development, forced to invest in alternative AI companies like Anthropic to compete


CG   neutral

Exploring potential purchase of Lukoil's foreign assets under new licensing conditions