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Lukoil’s global empire is collapsing.
Bulgaria has just passed emergency legislation to seize and sell Lukoil’s only refinery in the country — and that’s only the beginning.

From Finland, where fuel stations are running dry, to Moldova, where operations will stop on November 21, to Turkey and Romania, where Lukoil is preparing to sell or exit completely — countries are moving fast to isolate Russian oil assets.

Even in the United States, Lukoil’s branded stations face growing scrutiny and potential sanctions, while in Iraq, Kazakhstan and Uzbekistan, governments are cancelling shipments and reviewing joint projects.

In this video, I break down:

How Bulgaria’s refinery takeover triggered a chain reaction

What’s happening to Lukoil’s downstream empire across Europe and beyond

The Kremlin’s furious response — and threats of retaliation

And what this means for Russia’s global influence, revenues, and oil power

👉 Subscribe for more deep-dives into Russia’s shrinking oil empire, global sanctions, and the economic war reshaping our world.

For specific details please check out the CHAPTER list below.

Chapters:
0:00 Intro
1:23 ASSETS
4:37 GUNVOR
8:50 USA
13:55 SUMMARY & CONCLUSION

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