BRITAIN · EUROPE · WORLDPublic affairs, clearly explained.4 OCTOBER 2026
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Lukoil assets feature in US–Russia talks, New York Times report says

Reuters relays a report about a proposed international oil-asset transaction. Government approvals remain necessary, and no completed deal has been announced.

A Lukoil filling station in Valjevo, Serbia, photographed in 2010. Archive of the company’s overseas retail operations; this image does not show a completed sale or establish inclusion of this station in the reported transaction.
Archive · Sdancuo · Valjevo, Serbia · archive 2010 · CC BY-SA 3.0 RS · display crop under same licence · Licence · Cropped for display. Context image, not a photograph of this event.

A proposed transaction involving Lukoil’s overseas oil assets has entered US–Russia discussions about ending the Ukraine war, according to a New York Times report relayed by Reuters on Saturday. The account describes negotiations, not an agreed sale or peace settlement.

What is reportedly being considered

The assets span oilfields, refineries and filling stations outside Russia. Reuters says the newspaper identified a group including US investor Todd Boehly, Middle Eastern businesses with links to Jared Kushner or Steve Witkoff’s family, and a US government arm. The proposed transaction would require approval in Washington and Moscow.

What remains unconfirmed

Reuters reported that the White House, US Treasury and Lukoil had not responded to its requests for comment outside regular business hours. Accordmere has not independently established the proposed transaction’s terms. The reported commercial discussions do not demonstrate that either government has accepted conditions for ending the war.

Sources & verification

Sources checked: 4 October 2026

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