Politics3/4/2026Bloomberg

US to Exempt Rosneft’s German Unit From Sanctions Indefinitely

US to Exempt Rosneft’s German Unit From Sanctions Indefinitely

The US has decided to indefinitely exempt Rosneft's German subsidiary from the sanctions imposed on the Russian oil company. This decision comes after intense diplomatic negotiations between the US and Germany. The exemption is seen as a win for Berlin, as it allows the German unit to continue operations without disruption. The move highlights the Biden administration's efforts to balance its stance against Russia's invasion of Ukraine with the potential economic consequences for US allies in Europe. The article suggests that the decision reflects the US's recognition of the importance of maintaining energy security and avoiding potential supply chain disruptions in the region. The article does not provide further details on the specific reasons or conditions for the indefinite exemption.

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