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Lukoil Exits Global Markets Amid Tough U.S. Sanctions

Lukoil Exits Global Markets Amid Tough U.S. Sanctions

BUSINESS - 10/27/2025

In a significant turn of events, Russian energy giant Lukoil announces its exit from international operations due to stringent U.S. sanctions, potentially leading to a 30% drop in revenues. The company seeks buyers for its foreign ventures amidst escalating tensions over the Ukraine conflict.

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