Gunvor Group says the US Treasury is “fundamentally misinformed” by branding it a Kremlin-linked entity
Global energy trader Gunvor Group has withdrawn its proposal to acquire foreign assets belonging to Russian oil major Lukoil after being accused by Washington of being affiliated with the Kremlin.
The potential deal was announced last week, shortly after US President Donald Trump imposed new sanctions on Lukoil and another Russian oil firm, Rosneft. Trump described the measures as an effort to ramp up pressure on Moscow to resolve the Ukraine conflict.
Gunvor’s decision to pull out of the deal, announced on Friday, came a day after the US…
Read the full article at RT.COM
