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Lukoil's overseas network buckles as Western sanctions bite

World,Energy,Russia,Oil,Sanctions,Eastern Europe,Europe,European Union,Trump Administration

From the Center

Russian oil major Lukoil is struggling to keep operations running at its sprawling foreign businesses as Western sanctions disrupt oil loadings in Iraq, pump stations in Finland and trading in Switzerland, sources said.

The United States and the United Kingdom last month imposed sanctions on Russia's second-largest oil company, complicating how it carries out its normal operations.

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