ExxonMobil successfully lobbied against a bill that would have made it harder for the next president to lift sanctions against Russia, clearing the way for the oil giant to restart a program worth billions of dollars if Donald Trump eases those restrictions as president. The company’s effort could be helped by outgoing CEO Rex Tillerson, who, if confirmed as secretary of state, would be a key adviser on the decision.The bill, known as the STAND for Ukraine Act, would have converted into law for five years President Obama’s measures punishing Russia for annexing Crimea, making it more difficult for Trump …read more
Source: POLITICO – U.S. Edition
