Gunvor Pulls Bid for Lukoil's International Assets Due to U.S. Opposition, Reuters Says
Dow Jones11-07
--Commodities trader Gunvor pulled out of a deal to buy the foreign assets of Russian energy company Lukoil after the U.S. Treasury Department signaled Washington's opposition to the deal, Reuters reports, citing a company statement.
--A post on the Treasury Department's X account said Gunvor was Russia's "puppet" and that it wouldn't get a license to operate the assets.
--Gunvor disputes the Treasury's statement, Reuters reports.
Full story: https://shorturl.at/x2wf1
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
November 07, 2025 03:00 ET (08:00 GMT)
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