Swiss commodities trading company Glencore announced on Thursday that it has withdrawn its proposal to acquire the overseas assets of Russian energy company Lukoil. The decision was made after a thorough analysis of the current market situation and the deal's alignment with the company's strategic objectives. Glencore noted that it will continue to seek other opportunities to expand its business in the energy sector. The company emphasized that the decision is not related to any difficulties in negotiations, but is the result of a reassessment of risks and prospects.
