Treasury Secretary Steven Mnuchin said in a statement Friday that the administration has denied ExxonMobil’s request to bypass sanctions and resume drilling in Russia.
The Treasury statement said that the decision had been reached in direct consultation between Mnuchin and President Trump.
Exxon’s lucrative joint venture with Russia’s Rosneft has been ground to a halt since President Obama placed sanctions on the Russian Federation for its actions in Ukraine.
The U.S. energy giant requested the waiver to allow it to bypass sanctions and restart drilling.
President Donald Trump said the Kennedy Center honorees represented “the fabric of America.” Hailing from…
New York City Mayor-elect Zohran Mamdani tapped retired New York City Fire Department (FDNY) veteran…
A Brown University janitor said he noticed suspicious behavior of the Dec. 13 campus shooting…
California teachers can no longer hide children’s gender identities from their parents following a permanent…
The military is already smashing its recruitment goals under President Donald Trump just a few…
A judge sentenced a Kenyan national to two consecutive life sentences on Monday for plotting…