A group of Middle Eastern investors would become the largest owners in a proposed multibillion-dollar deal involving Russian oil assets, according to reporting by The New York Times.
The reported ownership structure would place a majority of the transaction in the hands of investors from the Middle East rather than US or European participants.
Some of the prospective investors have business ties to US negotiators involved in the broader effort, adding a potential conflict-of-interest dimension to the proposed arrangement.
The deal remains proposed. Its structure highlights the role Middle Eastern capital could play in any transfer of major Russian oil interests linked to the initiative.