Back to today’s briefing

Story perspectives

Germany Pursues U.S. Sanctions Exemption for Rosneft Operations

10/24/2025

45 9

Summary

Story summary

Germany seeks a U.S. sanctions exemption for Rosneft's German operations under government trusteeship.
The move follows U.S. sanctions on Rosneft and Lukoil amid frustration over Russia's actions in Ukraine.
The German government says the local business is decoupled from its Russian parent and should not be sanctioned.
Britain issued a special license allowing work with Rosneft's German subsidiaries, citing state control to ensure energy stability.

1 of 1

Story summary

Germany seeks a U.S. sanctions exemption for Rosneft's German operations under government trusteeship.
The move follows U.S. sanctions on Rosneft and Lukoil amid frustration over Russia's actions in Ukraine.
The German government says the local business is decoupled from its Russian parent and should not be sanctioned.
Britain issued a special license allowing work with Rosneft's German subsidiaries, citing state control to ensure energy stability.