The Steele Dossier alleges that Carter Page traveled to Moscow in July 2016, where he met with the president of Russia's state oil company Rosneft, Igor Sechin. An associate of Sechin's, the dossier claims, "said that the Rosneft President was so keen to lift personal and corporate Western sanctions imposed on the company, that he offered Page and his associates the brokerage of up to a 19 percent (privatised) stake in Rosneft."

Hunter Biden acted as a "personal attorney" to CEFC's Ye Jianming in a $9 billion deal to purchase 14% of Russian oil giant Rosneft which faced US sanctions. Hunter's business partner Zang Jianjun was photographed toasting with Vladimir Putin.