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Gunvor withdraws bid for Russia's Lukoil assets after US calls it 'Kremlin's puppet'

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Gunvor withdraws bid for Russia's Lukoil assets after US calls it 'Kremlin's puppet'

Gunvor, which is registered in Cyprus and headquartered in Switzerland, was founded in 1997 by Gennady Timchenko, a close associate of Russian President Vladimir Putin, and Swedish billionaire Torbjörn Törnqvist.

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