US extends sanctions waiver for Lukoil until April 2027

Summary

The US extended a sanctions waiver for Russian oil company Lukoil through April 2027. The National reports that the new license allows service operations and petrol stations, including those in the US, to operate until April 25, 2027, while restricting transfers of funds to Russia and excluding transactions involving several Russian state entities. Euronews reports separately that a Treasury license authorizes certain transactions involving Lukoil's Bulgarian entities through April 24, 2027.

Timeline

1. Euronews

   15 Oct 2026, 19:35 UTCSource ↗

   Euronews reports that the US extended a sanctions waiver for Lukoil until 2027 and that a separate Treasury license authorizes certain transactions involving its Bulgarian entities through April 24, 2027.

2. The National

   15 Oct 2026, 20:42 UTCSource ↗

   The National reports that the new US license lets Lukoil's service operations and petrol stations, including those in the US, continue until April 25, 2027, with restrictions on transfers of funds to Russia and transactions involving certain Russian state entities.