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: Medium

Affected Assets

  • 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.

Sources

U.S. ISSUES RUSSIA GENERAL LICENSE AUTHORIZING TRANSACTIONS INVOLVING ROSNEFT GERMANY -TREASURY DEPARTMENT
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