Lukoil’s US Arm Turns to Tiny Banks as Sanctions Roil Financing
Lukoil North America, the US arm of sanctioned Russian oil giant Lukoil PJSC, is relying on two small New Jersey banks to keep its gas stations afloat after losing financing.
By Mia Gindis · Bloomberg
Lukoil North America, the US arm of sanctioned Russian oil giant Lukoil PJSC, is relying on two small New Jersey banks to keep its gas stations afloat after losing financing.