Salem Radio Network News Tuesday, January 27, 2026

Business

US to allow transactions involving Lukoil and Caspian Pipeline Consortium, website shows

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WASHINGTON (Reuters) -The United States issued general licenses on Friday authorizing transactions involving certain Lukoil entities in Bulgaria and petroleum services and other transactions related to the Caspian Pipeline Consortium, a posting on the Treasury Department’s website showed.

Another license also authorized companies to talk to Lukoil about buying their foreign assets.

(Reporting by Timothy Gardner, Katharine Jackson)

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