USA has lifted sanctions on Rosneft's German subsidiary
The U.S. has lifted sanctions on Rosneft Deutschland GmbH, resolving months of uncertainty regarding the company's status in Berlin.
On Thursday, the United States lifted sanctions on Rosneft's German subsidiary, Rosneft Deutschland GmbH, effectively resolving a protracted uncertainty about the status of the firm, which had been under Berlin's control. The U.S. Treasury Department issued a permit that allows transactions with Rosneft Deutschland GmbH and RN Refining & Marketing GmbH, releasing the companies from significant sanctions imposed in October. These sanctions were part of a broader U.S. effort by President Donald Trump to exert pressure on Russia to end its war in Ukraine, marking some of the most forceful measures taken against Russian enterprises regarding the conflict.