U.S. temporarily exempts Rosneft subsidiaries in Germany from sanctions

29.10.2025 17:45

Ukrinform

Following the U.S. sanctions imposed on the Russian corporation Rosneft earlier this month, the U.S. Treasury issued an official license on Wednesday allowing transactions with its subsidiaries in Germany for an additional six months.

The content of the license was published on the official U.S. Treasury website, Ukrinform reports.

The license states that "all transactions prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, involving Rosneft Deutschland Refining & Marketing, or any entity in which RN Germany or RN Refining & Marketing own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern daylight time, April 29, 2026."

This way, the U.S. Treasury granted Germany's request to lift sanctions on Rosneft's German subsidiaries, which assured that they are not under Russian control.

Earlier, Washington had set a six-month deadline for Berlin to resolve the issue regarding the assets of the Russian oil company Rosneft.

Photo: Office of the President