Germany Prolongs Rosneft Trusteeship Amid Search for Buyer

On March 7, 2024, Germany announced the extension of its trusteeship over Rosneft’s local subsidiaries for another six months, as the nation anticipates the Russian oil behemoth to divest its German assets by the coming autumn. This decision underscores Germany’s strategic oversight on Rosneft’s significant holdings within the country, reflecting the broader geopolitical dynamics at play.

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