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Billion-Dollar Oil Deal: US-Russia Talks Include Massive Energy Agreement Amid Ukraine War
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CNBC Awaaz•04-10-2026, 14:58
Billion-Dollar Oil Deal: US-Russia Talks Include Massive Energy Agreement Amid Ukraine War
- •A multi-billion dollar oil deal is reportedly part of ongoing US-Russia talks to end the war in Ukraine, according to a New York Times report.
- •The deal involves a large group of oil fields, refineries, and gas stations belonging to Russian energy company Lukoil worldwide.
- •American investor Todd Boehly and two Middle Eastern groups with ties to Jared Kushner or Steve Witkoff's families are promoting the deal.
- •Russian President Vladimir Putin reportedly raised the deal during a September 5 meeting with Steve Witkoff and Jared Kushner at the Kremlin.
- •Approval from the US government and the Kremlin is necessary for the proposed deal to proceed.
Key Questions Answered
A report by The New York Times reveals that a multi-billion dollar oil deal involving Russian energy company Lukoil's oil fields, refineries, and gas stations worldwide is part of ongoing talks between the US and Russia to end the war in Ukraine.
The group promoting this deal includes American billionaire investor Todd Boehly, two Middle Eastern groups with business ties to the families of Jared Kushner and Steve Witkoff, and a unit of the US government.
Russian President Vladimir Putin raised and proposed the completion of this oil deal during a meeting with Steve Witkoff and Jared Kushner at the Kremlin on September 5.
