Washington has extended until September 19 the deadline for Russian oil giant Lukoil to complete the sale of its foreign assets, giving potential buyers additional time to finalize transactions. The extension was announced by the US Treasury Department’s Office of Foreign Assets Control (OFAC).

The license greenlights transactions related to negotiations on the "sale, disposition, or transfer of Lukoil International GmbH" and its assets

Washington has extended until September 19 the deadline for Russian oil giant Lukoil to complete the sale of its foreign assets, giving potential buyers additional time to…