U.S. Treasury Says It Will Not Issue Drilling Waivers To Russia Sanctions

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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 -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.