US Approves New Lukoil Waiver for Bulgaria After Talks With Rubio

Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC). The move comes ahead of the previously set deadline of April 29, giving the country additional time under the current arrangement. The extension is formalized through a license issued by OFAC, which permits specific transactions involving certain Lukoil-linked entities operating within Bulgaria....