Shares in investments of Russian group
Trump’s son-in-law is probably planning a billion-dollar deal with Putin
October 3, 2026 – 11:50 p.mReading time: 2 minutes
The Trump administration apparently wants to help with a billion-dollar deal with the Russian company Lukoil. A corresponding contract has been discussed with Putin, reports the New York Times.
The US negotiations to end the war in Ukraine are said to have expanded into a multi-billion dollar deal with the Russian oil company Lukoil. As the “New York Times” reports, US negotiators are supposed to be President Vladimir Putin have proposed the sale of Lukoil assets worth around $20 billion. The US government’s hope is that the deal could persuade Putin to make concessions in peace negotiations. The buyer is said to be an investor group with ties to Trump. The US government would have to approve the purchase if US investors are involved.
Putin is expected to discuss the possible deal at a meeting with US negotiators Jared Kushner and Steve Witkoff in early September Moscow have addressed yourself. Lukoil is under US sanctions, but also operates 200 gas stations in the United States. It is primarily about the Russian company’s foreign business. These include oil fields, refineries and a large network of gas stations. The group produces in its facilities in Romaniathe Netherlands and Bulgaria Kerosene, which has become scarce on the world market. The USA could thereby gain access to the fuel.
USA hopes for falling fuel prices
According to the report, the US government also expects that a deal could lower energy prices because raw materials can be obtained cheaply. The Russian president hopes that a contract will have a signaling effect in the West and that Western companies will do business with him again Russia do – despite the Russian war of aggression.
In a statement, a senior US government official confirmed to the New York Times that Witkoff and Kushner were involved in the negotiations. They should ensure that these include “a significant upfront payment and profit sharing for the United States.”

Trump wants to do business with Russia
Since the beginning of last year, Trump has been promising business deals with Russia and describing the country as a “tremendous opportunity.”
According to research by the Wall Street Journal, the American investment firm Carlyle initially made an offer. But then a new group of investors emerged, led by Todd Boehly, a supporter of Donald Trumpis conducted. According to the information, the USA will get a large share of Lukoil’s assets, but the majority will be owned by a conglomerate from Qatar. The two businessmen Moutaz Al-Khayyat and Ramez Al-Khayyat also have good relations with Trump: They are business partners with Trump’s son-in-law Jared Kushner and Ivanka Trump in a departmental project in southern Albania.