Russia is Cornered - Joe Blogs

[TexasTowelie]

In today’s video, we look at how Russia’s oil giant Lukoil has been pushed into a corner as sanctions continue to bite.

With billions of dollars of overseas assets trapped and cash payments effectively blocked, Lukoil is now being forced into an unusual cashless deal just to get out. We break down what assets are on the table, who is bidding for them, and why a complex share-swap proposal is now emerging as the leading option.

We also look at who is behind this deal, including Xtellus Partners and US investor Todd Boehly, why this structure is more acceptable to US authorities, and what it tells us about how restricted Russia has become in global markets.

Finally, we discuss what this means for Russia’s wider economy, foreign investors still holding frozen shares, and whether this really represents an escape — or simply another sign that Russia’s options are running out.

Chapters:
0:00 Intro
1:16 LUKOIL
2:21 BIDDERS
3:46 WIN MY HOUSE
5:37 XTELLUS
6:48 SHARE SWAP
12:08 SUMMARY & CONCLUSION