Home Breaking News Treasury denies Exxon’s request for waiver to drill in Russia

Treasury denies Exxon’s request for waiver to drill in Russia

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Treasury Secretary Steven Mnuchin said Friday Exxon Mobil Corp. and other U.S. companies will not receive waivers from U.S. sanctions prohibiting oil drilling in Russia. Exxon












XOM, -0.32%










had applied to the Treasury to resume its joint venture with PAO Rosneft, The Wall Street Journal reported earlier this week.



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