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Kushner Denies Directing Phoenix Investments Amid Russia Oil Talks

By Drooid · Oct 7, 2026, 10:13 AM UTC · How we work

Summary

Story summary

Jared Kushner, U.S. peace envoy, is negotiating a multibillion-dollar oil deal with Russia during Ukraine talks.
Affinity Partners holds a 7.4% stake in Israeli Phoenix Financial, valued over $1 billion.
The stake was funded with $2 billion from Saudi Arabia and $200 million-plus from the UAE and Qatar.
Kushner posted on X that CNN’s story was “deeply misleading” and denied directing Phoenix’s investments.

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Story summary

Jared Kushner, U.S. peace envoy, is negotiating a multibillion-dollar oil deal with Russia during Ukraine talks.
Affinity Partners holds a 7.4% stake in Israeli Phoenix Financial, valued over $1 billion.
The stake was funded with $2 billion from Saudi Arabia and $200 million-plus from the UAE and Qatar.
Kushner posted on X that CNN’s story was “deeply misleading” and denied directing Phoenix’s investments.