Merz Expects US Will Exempt Rosneft’s German Unit From Sanctions

German Chancellor Friedrich Merz said he’s optimistic that the US will exempt Rosneft PJSC’s German unit from Washington’s latest sanctions against Russia.

Berlin seeks to shield Rosneft's German arm from US sanctions, says source

Germany is seeking an exemption from U.S. sanctions on Russian oil company Rosneft's German business, a person with direct knowledge of the government discussions said on Thursday, after banks said sanctions could stop them dealing with the local energy supplier.

Treasury's Additional Russia Sanctions Revealed

The Treasury Department announced the additional U.S. sanctions on Russia, targeting the oil companies Rosneft and Lukoil. Secretary Scott Bessent told reporters earlier that the sanctions would be announced.
Feedback