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Stock impact report

US Lukoil Gas Station Owners Left in Limbo Over Russia Sanctions [Yahoo! Finance Canada]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Most Read from Bloomberg Yet the sanctions on one of those firms, Lukoil PJSC, isn't just being felt in Moscow or the flashier international assets it holds, including an Iraqi oil field and a Bulgarian refinery. They've also ensnared small American business owners, with the operators of Lukoil-branded gas stations in the US caught up in the chaos. While the White House has temporarily exempted the gas stations from the sanctions, banks and credit-card companies have been spooked, in some cases forcing operators to accept cash only. Many are wondering how they'll stay afloat under a tarnished corporate name, while uncertainty surrounds Lukoil's efforts to meet an April deadline to offload the outlets. An end to the nearly four-year war is another open question, with Ukrainian President Volodymyr Zelenskiy expected to meet on Sunday with US President Donald Trump about a potential peace deal. The anxiety of the station owners was on display at the hotel meeting in Newark last mo Show less Read more
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