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Yukos Oil Facility Sold, Despite U.S. Disapproval

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Yukos Oil Facility Sold, Despite U.S. Disapproval

Business

Yukos Oil Facility Sold, Despite U.S. Disapproval

Yukos Oil Facility Sold, Despite U.S. Disapproval

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  • <iframe src="https://www.npr.org/player/embed/4236865/4236866" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Yukos Oil's main asset is sold at auction to a little-known firm, the Baikal Finance Group. A U.S. State Department spokesman says the Russian company's breakup has "eroded Russia's reputation as a place to do business." NPR's Adam Davidson reports.