U.S. Issues License for Rosneft’s German Assets Amid Expanding Sanctions Web

The United States has issued a general license allowing limited operations of Rosneft’s German subsidiaries, according to a notice posted on the company’s website and confirmed by Reuters. The authorization applies to Rosneft Deutschland and RN Refining & Marketing, both under German federal trusteeship since 2022, when Berlin assumed control to maintain refinery continuity and prevent fuel shortages. The license does not lift sanctions on Rosneft. However, it allows maintenance, payments, and service activities necessary to keep…