Russian Assets Seized - Joe Blogs
Lukoils global empire is collapsing. Bulgaria has just passed emergency legislation to seize and sell Lukoils only refinery in the country and thats only the beginning.
From Finland, where fuel stations are running dry, to Moldova, where operations will stop on November 21, to Turkey and Romania, where Lukoil is preparing to sell or exit completely countries are moving fast to isolate Russian oil assets.
Even in the United States, Lukoils branded stations face growing scrutiny and potential sanctions, while in Iraq, Kazakhstan and Uzbekistan, governments are cancelling shipments and reviewing joint projects.
In this video, I break down:
How Bulgarias refinery takeover triggered a chain reaction
Whats happening to Lukoils downstream empire across Europe and beyond
The Kremlins furious response and threats of retaliation
And what this means for Russias global influence, revenues, and oil power
Chapters:
0:00 Intro
1:23 ASSETS
4:37 GUNVOR
8:50 USA
13:55 SUMMARY & CONCLUSION