This concerns Lukoil's oil fields, refineries, and gas stations in various countries. At the beginning of 2026, the company valued its international assets at $20 billion, but the price and structure of the deal have not yet been determined. According to one source from the NYT, Putin proposed it as a way to show Russians that business with the US can be conducted again. The American side agreed to work on the agreement, viewing it also as an opportunity to improve relations with the Kremlin and lower global energy prices. One of the contenders for the assets is a group led by American investor Todd Boehly. It also includes the Qatari conglomerate of brothers Mutaz and Ramez Al- Khayyat, an investment fund from Abu Dhabi controlled by Sheikh Tahnoun bin Zayed Al Nahyan, and the US International Development Finance Corporation (DFC). Potential buyers are connected to Trump's circle, notes the NYT. The Al-Khayyat brothers previously partnered with Jared Kushner and Ivanka Trump to finance a hotel project in Albania. Sheikh Tahnoun's fund acquired a significant stake in the cryptocurrency company World Liberty Financial, co-founded by Whitcoff. The Tahnoun-linked Lunate fund is one of the largest shareholders of the investment company established by Kushner. A senior US administration official confirmed that Whitcoff and Kushner were directly involved in negotiating the terms of the US government's participation in the deal. The potential sale is not yet finalized and requires approval from the US Treasury, which oversees compliance with sanctions. Previously, international assets of Lukoil were claimed by Chevron and the American investment company Carlyle, but the agreement with US authorities has been delayed.
