U.S. Treasury says it will not issue drilling waivers to Russia sanctions

by Reuters
Friday, 21 April 2017 17:53 GMT

WASHINGTON, April 21 (Reuters) - The U.S. Treasury will not give permission to U.S. companies, including Exxon Mobil Corp , to drill in areas prohibited by U.S. sanctions on Russia, Treasury Secretary Steven Mnuchin said on Friday.

Mnuchin said in a statement that the decision had been made in consultation with President Donald Trump. (Reporting by Yeganeh Torbati; Editing by Andrew Hay)