US Floats Six-Month Deadline for Germany to Sort Rosneft Issue

Washington has floated a six-month deadline for Berlin to sort out the ownership limbo affecting the German assets of Russian oil major Rosneft PJSC, allowing them to be temporarily exempted...

By Jenny Leonard, Petra Sorge · Bloomberg Markets

Washington has floated a six-month deadline for Berlin to sort out the ownership limbo affecting the German assets of Russian oil major Rosneft PJSC, allowing them to be temporarily exempted from US sanctions, according to people familiar with the matter.