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US-Russia Ukraine Talks Linked to Multibillion-Dollar Oil Deal, NYT Reports
- •Trump administration's Ukraine talks with Russia reportedly expanded to include a multibillion-dollar oil deal.
- •The deal would benefit Middle Eastern business executives with ties to US negotiators Steve Witkoff and Jared Kushner.
- •The proposed deal involves Lukoil's global oil fields, refineries, and gas stations, contingent on US and Kremlin approval.
- •Participants in the deal include US investor Todd Boehly, two Middle Eastern groups linked to Kushner/Witkoff, and a US government arm.
- •Russian President Vladimir Putin reportedly raised the deal with Witkoff and Kushner on September 5, suggesting it could demonstrate US-Russia business potential.
Key Questions Answered
US-Russia talks on ending the war in Ukraine expanded to include a multibillion-dollar oil deal involving a sprawling set of oil fields, refineries, and gas stations owned by Russian energy group Lukoil. The agreement remains contingent on approval from both the US government and the Kremlin.
The group pursuing the oil arrangement includes US investor and billionaire Todd Boehly, two Middle Eastern groups that previously did business with the families of US negotiators Steve Witkoff or Jared Kushner, and an arm of the US government.
Russian President Vladimir Putin raised the proposed deal during a September 5 meeting with US envoys Steve Witkoff and Jared Kushner at the Kremlin. Putin proposed completing the arrangement to demonstrate to Russians that they could successfully do business with the United States.
