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U.S. Delays Lukoil Sanctions to Protect Global Fuel Supply

12/5/2025

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Summary

Story summary

The U.S. Treasury's Office of Foreign Assets Control postponed sanctions on Lukoil-operated fuel stations outside Russia until April 29, 2026.
OFAC said the extension aims to mitigate harm to consumers and suppliers and affects about 2,000 stations across Europe, Central Asia, the Middle East, and the Americas.
Lukoil operates a large retail presence in Moldova and Bulgaria, with around 600 stations in Türkiye and over 300 in Romania.

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Story summary

The U.S. Treasury's Office of Foreign Assets Control postponed sanctions on Lukoil-operated fuel stations outside Russia until April 29, 2026.
OFAC said the extension aims to mitigate harm to consumers and suppliers and affects about 2,000 stations across Europe, Central Asia, the Middle East, and the Americas.
Lukoil operates a large retail presence in Moldova and Bulgaria, with around 600 stations in Türkiye and over 300 in Romania.