The New York Times reports US-Russia negotiations on ending the Ukraine war have expanded to a proposed multibillion-dollar oil transaction that would transfer large Lukoil oilfields, refineries and service stations worldwide. Potential bidders inclu

2026-10-03

The New York Times reports US-Russia negotiations on ending the Ukraine war have expanded to a proposed multibillion-dollar oil transaction that would transfer large Lukoil oilfields, refineries and service stations worldwide. Potential bidders include investor Todd Boehly (reported $2m donor to Trump), two Middle Eastern groups with prior business links to Jared Kushner or Steve Witkoff, and a US government department. The deal would require approvals from both the US government and the Kremlin; the report notes no indication Kushner or Witkoff would personally profit.