Lukoil to Sell International Assets Amid Trump Sanctions

Lukoil is selling its international assets in response to U.S. sanctions aimed at pressuring Russia to cease its war in Ukraine, with transactions ongoing under a sanctions grace period. The sanctions restrict Lukoil's global business, especially affecting its sales to India and China, and have led to increased geopolitical tensions and shifts in oil flows. The company and Russia are seeking ways to navigate these restrictions amid broader international economic pressures.