The US State Department has confirmed that oil service firm SLB is not in violation of Russia sanctions. This announcement comes amidst heightened tensions between the United States and Russia, with sanctions being a key tool in the diplomatic arsenal.
SLB, also known as Schlumberger, is a major player in the oil and gas industry, providing a wide range of services to companies around the world. The company has operations in various countries, including Russia, where it has faced scrutiny over its compliance with US sanctions.