Jared Kushner Secretly Uses Another Peace Deal to Boost His Business
Kushner and Steve Witkoff are using the Russia-Ukraine talks to give their industry buddies a boost.

Jared Kushner and Steve Witkoff have used peace negotiations with Russia to concoct a multibillion-dollar deal to benefit their foreign business partners and political allies.
In the latest installment of the most corrupt administration in history, the dynamic duo behind multiple botched peace agreements has secured a massive deal to purchase a series of oil fields, refineries, and gas stations owned by Lukoil, one of Russia’s biggest energy companies, The New York Times reported Friday.
One private firm had already reached a tentative agreement to purchase Lukoil assets earlier this year, but that deal was stalled as a new group of investors emerged—each with direct financial ties to Kushner, Witkoff, and President Donald Trump.
The new group of investors is led by Todd Boehly, co-owner of the Los Angeles Dodgers, who donated $1 million to MAGA Inc. in 2025 and another $1 million to Trump’s inauguration committee through Eldridge Industries, his investment firm.
One major stakeholder would be an Abu Dhabi–based fund controlled by Sheikh Tahnoon bin Zayed Al Nahyan, who oversees a fund called Lunate, which is among the largest stakeholders in Kushner’s shady private equity firm, Affinity Partners. Sheikh Tahnoon previously dumped $2 billion into World Liberty Financial, the crypto firm co-founded by Witkoff and majority-owned by the Trump family. Then the U.S. president lifted export restrictions on AI chips to the UAE. Nothing to see there, certainly.
Another major stakeholder in the sale is a Qatar-based conglomerate controlled by Moutaz Al-Khayyat and his brother Ramez Al-Khayyat, who have helped finance Kushner’s shady luxury hotel project in Albania.
For Kushner and Witkoff’s friends, the best thing about this part of the peace deal doesn’t actually require any peace. The Trump administration has reportedly signaled that it is open to making deals with Russia before the war actually ends, and one person familiar with the matter told the Times that included the Lukoil sale. The potential deal stands to be extremely lucrative for the American buyers as the purchase would release the assets from Russian sanctions, causing their value to instantly increase.
Hui Chen, a former Justice Department prosecutor and a white-collar crime and ethics adviser, told the Times that the deal was “an alarming and very concerning set of entanglements.”
“And it means you have to question how the Trump administration is evaluating the different bidders involved here. Are the personal interests involved going to wrongly influence the outcome?” Chen said.
News of this deal comes on the heels of a report exposing Kushner’s investment firm as the largest stakeholder in Phoenix Financial, a Tel Aviv–based firm that has poured hundreds of millions of dollars into companies that have seen massive gains as a result of Israel’s ongoing military campaign in Gaza. The president’s son-in-law has previously used his gig as special envoy as an opportunity to try to raise funds from foreign governments and individuals in the Middle East.
And just one day before the Times report dropped, Kushner himself took to X to insist that he does not let his business dealings influence his diplomatic work.



