Russian oil major Lukoil is struggling to maintain its operations across its extensive foreign businesses due to the impact of Western sanctions. These sanctions have disrupted critical activities such as oil loadings in Iraq, pump stations in Finland, and trading operations in Switzerland, according to industry sources.
Last month, the United States and the United Kingdom imposed sanctions on Russia’s second-largest oil company. These measures have complicated Lukoil’s ability to conduct its normal business activities, presenting significant challenges to its international operations.
https://www.allsides.com/news/2025-11-06-0800/world-lukoils-overseas-network-buckles-western-sanctions-bite
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