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Today β€” 3 October 2026Main stream

Trump, Putin, Ukraine and an Oil Deal: 5 Takeaways

A proposal to bolster relations with the Kremlin through the purchase of Russian energy assets is striking even for an administration that regularly mixes personal business interests with foreign policy.

Β© Anastasia Barashkova/Reuters

Cars waited to refuel at a Lukoil fuel station amid fuel shortages in August.

U.S.-Russia Talks on Ukraine Now Involve an Oil Deal Tied to Trump Allies

President Vladimir V. Putin brought up a sale of Russian energy assets with President Trump’s envoys, Jared Kushner and Steve Witkoff, pushing a deal that raises new questions about conflicts of interest.

Β© Gianni Cipriano for The New York Times

The negotiations about the Lukoil deal show that personal business interests in President Trump’s inner circle are also in play. Lukoil is Russia’s biggest private oil company.
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