You're reading: RFE/RL: US treasury chief rejects Exxon bid to resrume oil drilling in Russia

RFE/RL: US treasury chief rejects Exxon bid to resrume oil drilling in Russia

By Radio Free Europe/Radio Liberty.
US President Donald Trump (L) shakes hands with Treasury Secretary Steven Mnuchin (R) before signing financial services executive orders and memorandums at the US Treasury Department in Washington, DC, April 21.
Photo by AFP

U.S. Treasury Secretary Steven Mnuchin has said the Trump administration will not grant permission to Exxon Mobil and other companies to resume drilling for oil in areas covered by U.S. sanctions against Russia.

Mnuchin said in an April 21 statement that the decision had been made in consultation with President Donald Trump.

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