Russia's Lukoil says it plans to sell international assets due to Western sanctions
Energy,Oil,Russia,Business,World,Eastern Europe,Sanctions,Global Economy,Hungary,Romania,Slovakia,Donald Trump,Trump Administration,Ukraine War
From the Center
AllSides Media Bias Rating: Center
Russia's second-largest oil producer, Lukoil (LKOH.MM), opens new tab, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States.
The planned sale of the assets is the most consequential action so far by a Russian company in the wake of Western sanctions over Russia's war in Ukraine, which started in February 2022.
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