US, Russia talks on Ukraine involve oil deal tied to Kushner, Witkoff: Report - The Hill

Oil deal involving Witkoff, Kushner enters Ukraine war peace talks: Report

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US, Russia talks on Ukraine involve oil deal tied to Kushner, Witkoff: Report

by Sarah Davis \- 10/03/26 8:11 AM ET

by Sarah Davis \- 10/03/26 8:11 AM ET

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The Trump administration’s ongoing discussions with Russia to end the Ukraine war now include a multibillion-dollar oil deal that would benefit Middle Eastern business executives tied to the lead U.S. negotiators, according to new reporting from The New York Times.

U.S. Special Envoy Steve Witkoff and President Trump’s son-in-law, Jared Kushner, have been engaged in monthslong negotiations to end this four-year-long war. In September, the two men traveled to both Ukraine and Russia to reopen peace talks.

Several people with knowledge of these negotiations told the Times that Russian President Vladimir Putin introduced a substantial deal for one of Russia’s largest energy companies, Lukoil, to acquire oil fields, refineries and gas stations around the world during his Sept. 5 meeting with the U.S. negotiators.

The group behind this deal includes two Middle Eastern groups that have done business with Witkoff and Kushner, as well as American investor and Trump donor Todd Boehly.

It is not apparent whether or not Witkoff and Kushner would profit from this deal, but the association has raised concerns about a potential conflict of interest in these ongoing talks.

The Hill has reached out to the White House for comment.

A senior administration official told the Times in a statement that Kushner and Witkoff are helping negotiate the financial terms of this deal, which includes gas stations in New Jersey, to ensure “a substantial upfront payment and profits for the United States.”

Trump has repeatedly expressed hope that the U.S. and Russia can resume trade if a peace settlement is struck in the Ukraine war.

The conflict, which has now stretched over four years, has intensified in recent months with Russian air attacks on Ukrainian infrastructure.

Ukraine’s military has responded with long-range missile attacks on Russian oil storage and refining facilities.

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Tags Donald Trump Donald Trump Jared Kushner Jared Kushner russia Steve Witkoff Steve Witkoff ukraine Vladimiir Putin Vladimir Putin

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