Long-running talks between the U.S. and Russian governments could result in an agreement regarding the acquisition of the international oil assets of Russian energy company Lukoil, the country's largest non-state-owned oil company. However, the multinational has close ties to Russian President Vladimir Putin.
An investor group led by U.S. billionaire investor Todd Boehly which includes Middle Eastern investors who have business ties to Special Envoys Steve Witkoff and Jared Kushner are pursuing a deal to secure Lukoil's assets, the New York Times reported.