Reported about 5 hours ago
Gunvor, a major international trading firm, has abandoned its plan to purchase Lukoil's international assets after the U.S. government labeled it as 'the Kremlin's puppet.' The firm rejected this characterization and claimed to have distanced itself from Russia for over a decade. Amid ongoing tensions related to the Ukraine war, Gunvor is withdrawing its acquisition proposal for Lukoil, which had been contingent on U.S. Treasury approval.
Source: YAHOO