German Chancellor Friedrich Merz said he’s optimistic that the US will exempt Rosneft PJSC’s German unit from Washington’s latest sanctions against Russia.
In its 18th package of sanctions against Russia over its invasion of Ukraine, adopted Friday, the 27-member bloc included Nayara in the list of targeted entities, saying Rosneft owns a majority stake in an “important refinery” operated by Nayara and that the site is a “major refiner of Russian crude”.