US extends Lukoil sanctions waiver as Russian oil giant looks to sell assets

US extends Lukoil sanctions waiver as Russian oil giant looks to sell assets

Shorouk Express The measures, announced on Oct. 22, were “a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine,” the U.S. Treasury said.  Lukoil subsequently announced it would sell its overseas assets but has yet to find a buyer after a deal with Swiss-based firm Gunvor fell through when Washington blocked it. U.S. private…

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