US Extends Lukoil Asset Sale Deadline

U.S. Extends Deadline for Lukoil Asset Sale Negotiations: A Strategic Move in the Russia-Ukraine ConflictThe United States has pushed back the deadline for negotiations concerning the sale of Lukoils global assets, now set for January 17th. This extension, issued as a general license by the U.S. Treasury, allows potential buyers to finalize deals and wind down related work on these properties. The move comes after President Trump imposed sanctions on Lukoil and Rosneft in response to Russias conflict in Ukraine. The extension suggests a willingness to facilitate an orderly transfer of assets while maintaining pressure on the Russian economy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.