Germany Mulls Nationalising Russian Oil Firm’s Refinery Stake Amid U.S. Sanctions
Germany is considering nationalising the local operations of Russian oil giant Rosneft after new U.S. sanctions triggered a strategic rethink, two sources told Reuters. The focus is on Rosneft’s majority stake in the PCK Schwedt refinery, which supplies much of Berlin’s fuel. Although the U.S. has granted a temporary exemption for the asset, valid until…