Lukoil asset fire sale ahead of US sanctions deadline
Russian oil company Lukoil faces forced divestment of international assets as US sanctions take effect November 21. Multiple countries considering nationalisation while Ukraine battles continue.
Russian oil company Lukoil faces forced divestment of international assets as US sanctions take effect November 21. Multiple countries considering nationalisation while Ukraine battles continue.
In a significant escalation of economic pressure on Moscow, Bulgaria moves to nationalise a key Russian-owned oil refinery while Poland positions itself as Europe's new gas conduit from the US.