Lukoil Reports $12Bln Loss in 2025 as Sanctions Force Foreign Asset Write-Off
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Source: The Moscow Times
Published: 2026-03-20 20:41 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Iran, Energy
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Snippet:
Russian oil major Lukoil posted a net loss of 1.06 trillion rubles ($12.5 billion) in 2025 as U.S. sanctions forced it to sell off its vast overseas assets.
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