Russia’s Lukoil to Sell Overseas Assets After U.S. Sanctions

According to AFP, Russian oil giant Lukoil will sell its overseas assets, the company said, after it was hit with U.S. sanctions over the war in Ukraine. U.S. President Donald Trump last week slapped Russia with his first significant sanctions package, targeting two top oil companies, Lukoil and Rosneft, after saying he was frustrated that … Continue reading Russia’s Lukoil to Sell Overseas Assets After U.S. Sanctions