#lukoil
U.S. sanctions on Russia’s oil industry: Global energy markets in turmoil as Washington tightens the screws
The Trump administration imposed sweeping sanctions on Russian oil majors Rosneft and Lukoil on October 22, 2025, targeting Moscow’s revenue for the Ukraine war. Oil prices surged dramatically, with Brent crude exceeding $140 per barrel and U.S. West Texas In…
U.S. Extends Deadline for Sale of Lukoil’s Global Assets Again
The U.S. federal government has extended the deadline for talks between Lukoil and potential buyers of its foreign business by another month, until June 27, suggesting the forced divestment process is turning out to be more complicated than maybe hoped for. T…