Cryptocurrency fintech Kontigo is under fire for its role in helping Venezuelans avoid sanctions https://t.co/yy17cXPQsU ...

Core Viewpoint - Lukoil, Russia's second-largest oil producer, has reached a tentative agreement to sell the majority of its international assets to Carlyle Group amid ongoing Western sanctions affecting Russian energy companies [1][2]. Group 1: Asset Sale Details - The potential deal includes Lukoil's oil and gas fields spanning from Iraq to Mexico, thousands of petrol stations in 20 countries, and refineries located in Bulgaria and Romania [2]. - The book value of Lukoil's entire international business is stated to be $22 billion, although the specific value of the current deal has not been disclosed [2]. - Lukoil's interests in Kazakhstan will not be included in the sale [2]. Group 2: Market Context and Competition - The asset sale follows U.S. sanctions imposed on Lukoil and Rosneft in October 2025 due to the conflict in Ukraine [3]. - Other companies, including Chevron Corporation and Quantum Capital Group, are reportedly preparing competing bids for Lukoil's international portfolio [4]. - ExxonMobil and Abu Dhabi's International Holding Company have also shown interest in acquiring Lukoil's assets [4]. Group 3: Regulatory Environment - The negotiations for the sale became feasible after the U.S. Treasury Department authorized potential buyers to engage with Lukoil for its foreign assets, which represent about 0.5% of global oil production [5]. - Analysts from S&P Global expect Lukoil's oil and gas output from overseas operations to continue rising through the end of the decade, despite the asset sale [6].

🇮🇷 NOW: US Treasury sanctions Iran-linked crypto exchanges, crossing into crypto for the first time. https://t.co/vpE0Eu4aZu ...

With buyers and ports fearful of falling foul of sanctions, the volume of Russian and Iranian oil loitering at sea—much of it off the Chinese coast—is hitting records https://t.co/Hze5T0IvN3 ...

Labour peer who had sanctions lifted by China says it's 'meagre return' for UK https://t.co/gK3q4pfJ0y ...

China has lifted sanctions on British MPs and peers, Starmer says https://t.co/YDq980htN9 ...

The Trump administration issued a general license expanding the ability of oil companies to operate in Venezuela, marking a significant to step ease sanctions under the new US-backed leadership in Caracas. https://t.co/Mh8LeXXpJH ...

The regime in Tehran is being squeezed by the arrival of a US armada in the Middle East and a new set of EU sanctions. https://t.co/VwxYGJejoN ...

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