04/21/2017 02:19 pm ET

The U.S. Treasury won’t give permission to U.S. corporations, together with Exxon Mobil Corp, to drill in areas prohibited by U.S. sanctions on Russia, Treasury Secretary Steven Mnuchin mentioned on Friday.

Mnuchin mentioned in an announcement that the choice had been made in session with President Donald Trump.

(Reporting by Yeganeh Torbati; Modifying by Andrew Hay)