You're reading: Associated Press: Looking behind the deal – Russia sells part of its oil giant

MOSCOW – A surprise decision by Russia to sell a fifth of its state-controlled oil company to, among others, a Swiss company has raised questions about the impact of Western sanctions and who is behind the deal.

The CEO of Rosneft said late Dec. 7 that it had agreed to sell a 19.5 percent stake to Swiss commodities giant Glencore and Qatar’s sovereign wealth fund.

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