International
US-Russia Ukraine Peace Talks Expand To Include Massive Lukoil Oil Deal

US-Russia Ukraine Peace Talks Expand To Include Massive Lukoil Oil Deal

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THE BRIEF
1

US and Russia talks on ending the war in Ukraine have expanded to include a multibillion-dollar oil deal involving Russian energy group Lukoil.

2

The transaction is contingent on approval from the US government and the Kremlin and involves global oil fields, refineries, and gas stations.

3

The group pursuing the agreement includes US investor Todd Boehly, Middle Eastern business groups, and an arm of the US government.