A multibillion-dollar deal involving Russian energy company Lukoil’s oil fields, refineries and fuel stations around the world became part of the Trump administration’s talks with Russia aimed at ending the war in Ukraine.
The New York Times reported that the deal would require approval from both the U.S. government and the Kremlin to be implemented. Those expected to benefit from the deal include Middle Eastern businesspeople linked to U.S. negotiators Steve Witkoff and Jared Kushner.

The group pursuing the deal includes U.S. investor and billionaire Todd Boehly, two Middle Eastern groups that have established business ties with the families of Kushner or Witkoff, and an entity affiliated with the U.S. government.

Vladimir Putin raised the deal during a meeting with Steve Witkoff and Jared Kushner at the Kremlin on September 5. A person familiar with the meeting said Putin presented completing the deal as a step that would show Russians that doing business with the United States was possible.
The White House, the U.S. Treasury Department and Lukoil did not respond to requests for comment outside business hours.