Stories
Trump's Ukraine Peace Talks Expand to Multibillion-Dollar Lukoil Deal
- •The Trump administration's negotiations with Russia over ending the war in Ukraine have reportedly expanded to include discussions about a multibillion-dollar deal involving Russian energy giant Lukoil.
- •The proposed deal would encompass a wide portfolio of Lukoil-owned oil fields, refineries, and gas stations across several countries, requiring approval from both the US government and the Kremlin.
- •US investor Todd Boehly, two Middle Eastern groups, and an arm of the US government are reportedly pursuing the deal.
- •Russian President Vladimir Putin allegedly raised the deal during a September 5 meeting with Witkoff and Kushner at the Kremlin, suggesting it could show Russians they can do business with the United States.
- •Meanwhile, a Russian strike damaged Kyiv’s Northern Bridge, suspending traffic and causing tailbacks, as Russia's Defence Ministry claimed the bridge is used for Ukrainian troop and military cargo logistics.
Key Questions Answered
The negotiations include a multibillion-dollar deal covering a portfolio of Lukoil-owned oil fields, refineries, and gas stations across multiple countries. The arrangement would require approval from both the US government and the Kremlin, and involves US investor Todd Boehly, Middle Eastern groups, and a US government arm.
Russian President Vladimir Putin discussed the proposed Lukoil deal during a September 5 meeting at the Kremlin with Witkoff and Kushner. Putin suggested finalizing the arrangement to demonstrate to Russians that they could conduct business with the United States.
A recent Russian strike damaged Kyiv's Northern Bridge, resulting in suspended traffic and long tailbacks for a third day. The attack affected the road surface and trolleybus cables, though no casualties were reported.
