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August 28, 2025

U.S. Officials Discussed Energy Deals with Russia, Including Return of ExxonMobil
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U.S. and Russian officials discussed energy deals during recent peace
talks to end the war in Ukraine. That's according to Reuters, which
reports the discussions took place during U.S. envoy Steve Witkoff's
trip to Moscow earlier this month, as well as during the Trump-Putin
Alaska summit on August 15. One of the deals would involve Exxon Mobil
reentering Russia's Sakhalin-I oil and gas project. Exxon left Russia
shortly after it attacked Ukraine in 2022, which prompted a wave of
Western sanctions against Russia. The Wall Street Journal is also
reporting that Exxon's CEO has discussed the company's return to Russia
with President Trump in recent weeks. This comes as President Trump has
hit India with tariffs of 50%, citing India's imports of Russian oil.


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