Trump Extends Lukoil Sanctions Waiver, Carlyle Eyes Purchase

Trump Administration Grants Lukoil Sanctions Waiver, Carlyle Eyes International HoldingsThe Trump administration extended a sanctions waiver for Russian oil giant Lukoil, allowing it to maintain global operations until December 2025. This comes after President Trump announced new sanctions on Lukoil and Rosneft due to Russias lack of commitment to Ukraine peace talks. Lukoil is selling international assets, with Carlyle potentially buying them. The sale must completely sever ties and place funds in a blocked account. European countries secure fuel supplies, with Germany, Bulgaria, and Hungary receiving exemptions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.