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Russia to Sell Portion of Yukos for Back Taxes

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Russia to Sell Portion of Yukos for Back Taxes

Business

Russia to Sell Portion of Yukos for Back Taxes

Russia to Sell Portion of Yukos for Back Taxes

  • Download
  • <iframe src="https://www.npr.org/player/embed/4105663/4105664" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Russian government says it will sell off part of the giant oil company Yukos, apparently to settle a huge bill for back taxes. The latest clash between the government and Russia's top oil exporter unsettled international oil markets and investors. NPR's Lawrence Sheets reports.