Europe · Friday, 16 October 2026
US extends sanctions waiver for Lukoil's foreign stations until April 2027
The US Treasury extended a licence on Thursday letting Russian oil company Lukoil's service stations outside Russia, including in the US, keep operating until 24 April 2027. The move comes days after President Trump announced the deal, which lets Russian diesel reach Western markets; EU foreign ministers have criticized that deal as undermining unity against Moscow while the war on Ukraine continues.