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EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.

US extends sanctions waiver on Russia's Lukoil until 2027

The National •
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In simple terms

The US on Thursday extended a sanctions waiver on Russian oil company Lukoil, allowing its service operations outside the country to continue until April 2027, the Treasury Department announced.

Earlier coverage

Earlier coverage on GreyNews

  1. UK Tightens Russian Oil Sanctions as U.S. Weighs ReliefOct 15, 2026 · gCaptain
  2. Trump Weighs Lifting Shadow Fleet Sanctions as Tanker Rates SoarOct 15, 2026 · gCaptain

What we don't know yet

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