US-Russia Talks on Ukraine Include Oil Deal

Serdar HocamAuthor & Editor

According to a report by The New York Times, negotiations between Washington and Moscow also encompass a multi-billion-dollar oil transaction involving assets belonging to the Russian energy group Lukoil.

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US-Russia talks on Ukraine involve multi-billion dollar oil deal, NYT reports

Diplomatic talks between the United States administration and Russia aimed at ending the war in Ukraine have expanded to include a major multi-billion-dollar oil deal involving Lukoil assets worldwide.

Scope of Talks Expands

Diplomatic contacts conducted between the United States and Russia to end the war in Ukraine have expanded to incorporate massive energy trade.

According to information reported by The New York Times, this process covers global oil fields, refineries, and gas stations belonging to Russian energy giant Lukoil.

Critical Contacts and Kremlin Meeting

It was stated that Russian President Vladimir Putin brought up this energy agreement during a meeting in September at the Kremlin with US negotiators Steve Witkoff and Jared Kushner.

It was reported that Putin proposed this move as a way to demonstrate to the Russian people that they can do business with the United States.

Investor Group and Approval Process

It is stated that US billionaire investor Todd Boehly and certain groups from the Middle East are among the group following this massive multi-billion-dollar deal.

For the aforementioned agreement to come to life, official approval must be obtained from both the United States government and the Kremlin.