From euronews · Greta Ruffino · · 40s
US extends Lukoil sanctions waiver until 2027
US grants Lukoil oil operations extension through April 2027.
In brief
US grants Lukoil oil operations extension through April 2027. US extends sanctions waiver for Russian oil giant Lukoil to allow its service stations abroad to operate until April 2027. Originally reported by euronews.
US Treasury extends Lukoil waiver
The US Treasury Department extended a sanctions waiver for Russian oil giant Lukoil, allowing its service stations outside Russia to operate until April 2027.
Lukoil operations under restrictions
The extension maintains restrictions on the transfer of funds to any person or account located in the Russian Federation.
Trump-Putin diesel deal
US President Donald Trump announced an agreement with Russia to supply diesel to US and global markets, prompting the Treasury to issue a temporary licence.
The takeaway
US extends sanctions waiver for Russian oil giant Lukoil to allow its service stations abroad to operate until April 2027.
