[UPDATE] Putin added a sale of Lukoil's foreign oil assets to US-Russia Ukraine talks; the buyers include Witkoff and Kushner business partners
A senior administration official says the two envoys are negotiating the financial terms to secure "a substantial upfront payment and profits for the United States."
Talks to end Russia's four-year war in Ukraine now include a multibillion-dollar deal over Lukoil's oil fields, refineries and gas stations around the world, The New York Times reports. Russian President Vladimir Putin raised it with special envoys Steve Witkoff and Jared Kushner at a meeting on Saturday, Sept. 5. The package includes gas stations in New Jersey. The investor group includes Trump donor Todd Boehly and two Middle Eastern firms that have done business with Kushner or with Witkoff's family. Still open. The Times says it is not apparent whether Witkoff or Kushner would profit.
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Sept. 13 — Kyiv began preparing for peace talks to resume in October, with President Volodymyr Zelensky weighing the back channel run by Witkoff and Kushner.
How the buyer group ties back to both envoys:
- Moutaz and Ramez Al-Khayyat (Qatar) are financing partners in Kushner's $4 billion resort project in Albania.
- A vehicle backed by Sheikh Tahnoon bin Zayed, the UAE's national security adviser, bought 49% of World Liberty Financial for $500 million; at least $31 million was slated for Witkoff-family entities.
- The U.S. International Development Finance Corp., a federal agency, is also in the group.