Trump Admin. Denies Exxon Mobil Waiver to Drill in Russia

The Trump administration will not grant Exxon Mobile special permission to carry out oil and gas drilling in Russia while sanctions remain intact, Treasury Secretary Steve Mnuchin said on Friday, CNBC reported.

Exxon tried to secure the waiver about a month after its former CEO Rex Tillerson became secretary of state.

That ban was related to Moscow's 2014 annexation of Crimea and support for separatists in eastern Ukraine.

Contact Us