The U.S. Extends Deadline for Potential Buyers of Lukoil Assets to April 1

U.S. Treasury building exterior with American flag, representing sanctions and financial policy decisions on Russian energy assets.

“The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has extended the deadline for concluding deals on Lukoil’s international assets from February 28 to April 1, marking the fourth extension since sanctions were imposed last October. This move aligns with broader efforts to leverage the divestment process in ongoing Ukraine peace negotiations, ensuring potential sales … Read more