Exxon Mobil denied permission to resume Russian oil work

  |   World News

Oil giant Exxon Mobil will not be allowed to resume drilling in Russia after US President Donald Trump vowed to uphold sanctions.

The US Treasury Department said that, after talks with Mr Trump, it would not waive trade sanctions on Russia for US firms seeking to restart work.

Treasury Secretary Steven Mnuchin said in a statement on Friday: "In consultation with President Donald J Trump, the Treasury Department will not be issuing waivers to US companies, including Exxon, authorising drilling prohibited by current Russian sanctions."

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