- The U.S. Treasury Department has issued a general license authorizing transactions involving Rosneft Germany.
- The U.S. Treasury Department has issued a general license authorizing transactions involving Rosneft Deutschland GmbH and RN Refining & Marketing GmbH, according to a posting on the Treasury Department website.
- This license, GL 129, temporarily authorizes transactions prohibited by the Russian Harmful Foreign Activities Sanctions Regulations.
- This follows previous U.S. sanctions against Rosneft and other major Russian oil companies, which have created operational challenges for some counterparties.
- The license aims to address the impact of sanctions on international operations and local energy markets.
The U.S. Treasury Department has issued a general license authorizing transactions involving Rosneft Germany.
Mar 5, 2026, 3:21:54 PM UTC(1 day ago)
Impact: MediumAffected Assets
Sources
From:@DeItaone
U.S. ISSUES RUSSIA GENERAL LICENSE AUTHORIZING TRANSACTIONS INVOLVING ROSNEFT GERMANY -TREASURY DEPARTMENT