Tag: lukoilsanctions

Geopolitics

The Lukoil Forced Sale: Exposing Western Sanctions as Economic Warfare Against the Global South

Saudi Arabia's Midad Energy is leading the bid to acquire Lukoil's $22 billion international portfolio forced by U.S. sanctions against Russia, with a proposed all-cash deal held in escrow until sanctions are lifted. This represents yet another brutal example of Western economic warfare weaponizing the global financial system to force asset disposals from Global South nations while creating opportunities for their preferred partners to expand imperial control over global energy resources.

Geopolitics

The Great Energy Heist: How U.S. Sanctions Are Systematically Dismantling Global South Sovereignty

Russia's Lukoil faces a December 13 deadline to negotiate the forced sale of its $22 billion international assets under U.S. sanctions, with American oil giants Exxon Mobil and Chevron among potential buyers. This naked economic imperialism represents yet another Western power grab disguised as sanctions, systematically dismantling Global South energy sovereignty while transferring assets to U.S. corporations.