Gunvor News Today: Dropping $22 Billion Lukoil Deal Amid US Sanctions

Gunvor News Today: Dropping $22 Billion Lukoil Deal Amid US Sanctions

Today marks a significant development in international trade, with Gunvor abandoning its $22 billion bid for Lukoil’s assets. The decision follows US intervention, citing sanctions due to Russia’s ongoing activities in Ukraine. This move underscores how geopolitical tensions can disrupt major commodity transactions, affecting global markets.

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