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The Iraqi government says it can no longer work with Russian oil company Lukoil – which has a huge stake in the country’s oil fields – because of recently imposed US sanctions against the company.

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https://www.cnn.com/2025/11/10..../business/lukoil-ira
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Russian oil firm’s multibillion-dollar assets overseas at risk as US sanctions begin to bite | CNN Business
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Russian oil firm’s multibillion-dollar assets overseas at risk as US sanctions begin to bite | CNN Business Russian oil firm’s multibillion-dollar assets overseas at risk as US sanctions begin to bite | CNN Business
The Iraqi government says it can no longer work with Russian oil company Lukoil – which has a huge stake in the country’s oil fields – because of recently imposed US sanctions against the company.