Gunvor has declined to purchase the international assets of russia's Lukoil

The company itself reported this on the night of 7 November.

A few hours earlier, the US Treasury Department called Gunvor a ‘Kremlin puppet’ and made it clear that Washington would not approve the deal.

‘President Trump has made it clear that the war must end immediately. As long as Putin continues his senseless killings, the Kremlin's puppet Gunvor will never receive a licence to make a profit,’ the ministry said.

The Swiss oil trader responded by calling the accusation ‘fundamentally false,’ but added that it was withdrawing its offer to purchase Lukoil's international assets.

A few days ago, Bloomberg, citing informed sources, wrote that the US would investigate Gunvor for ties to russian leader Vladimir Putin.

Lukoil's assets, which were planned to be sold to Gunvor, include oil refineries in Europe, shares in oil fields in Kazakhstan, Uzbekistan, Iraq and Mexico, as well as hundreds of retail petrol stations around the world.

Source: Radio Liberty