Ban Of Lukoil Stations In NJ's Largest City Only Hurts Small Businesses: Report

Lukoil gas stations are officially suspending from operating in New Jersey's largest city, but the franchise owners say the move is only harmful to small businesses.

Cecilia Levine

03/01/2022 8:03 p.m.

Newark's City Council on Wednesday, March 2 voted in favor of the resolution, in opposition of the Russian invasion in Ukraine.

Lukoil — headquartered in Russia and apparently owned by oligarchs — has two locations in Newark, both on McCarter Highway.

A franchise owner of one of the stations told CBS News that while he stands with Ukraine, he's "confused how shutting down an American-based small business owner is sending a message to support."

The executive director of the New Jersey Gasoline, Convenience Store and Automotive Association agreed that this is only hurting small business owners.

Click here for more from CBS News.

Click here to follow Daily Voice Teaneck and receive free news updates.