US extends sanctions waiver for Russia’s Lukoil
The move allows Lukoil-branded stations in countries like the US to continue serving customers.
The US Treasury Department has extended a sanctions waiver for Russia's Lukoil, allowing the oil giant to operate service stations outside Russia until April 2027. This move comes a week after US President Donald Trump reportedly secured an agreement with Russia to supply diesel to American and global markets. The extension follows an earlier license that was set to expire at the end of the month.
The waiver does not permit the transfer of funds to any person or account located in the Russian Federation. Additionally, a separate Treasury license has also authorized certain transactions involving Lukoil's Bulgaria entities through April 24, 2027.
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- US extends sanctions waiver on Russia's Lukoil until 2027 thenationalnews.com
- US extends sanctions waiver for Russia’s Lukoil freemalaysiatoday.com
- US extends sanctions waiver for Russian oil giant Lukoil until 2027 euronews.com
