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2025-11-07 07:50:32
[US Treasury: Refuses License for Gunvor Group During Ukraine Conflict] The US Treasury Department issued a statement on the social media platform X, clearly stating that it will not issue an operating license to commodities trading giant Gunvor Group during the ongoing conflict in Ukraine. The statement, citing President Trump's position, emphasized: "As long as the conflict continues, Gunvor will never receive a license to operate and profit." This decision comes as Lukoil, a Russian company sanctioned by the US, disclosed that it had received a proposal from Gunvor Group to acquire its subsidiary, Lukoil International. This subsidiary holds significant overseas assets for Lukoil Group, and this transaction has drawn close market attention. The US Treasury Department's statement directly indicates its intention to prevent any commercial activities that could allow Russian assets to be monetized through third parties.
