BERLIN, Oct 23 (Reuters) - Germany's economy ministry said on Thursday that it assumes measures taken by the United States are not intended to target Russian oil firm Rosneft's German subsidiaries, which are held in trust by the German government.

"The same applies to the refineries and other companies in which Rosneft's German subsidiaries hold stakes (in particular PCK Schwedt, BAYERNOIL, and MiRO)," said a ministry spokesperson in an email to Reuters.

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U.S. President Donald Trump on Wednesday imposed Ukraine-related sanctions on Russia's largest oil companies, Lukoil (LKOH.MM) , opens new tab and Rosneft (ROSN.MM) , opens new tab, in Washington's toughest measures against Russian business during the war with Ukraine.

https://www.reuters.com/business/energy/german-ministry-assumes-us-sanctions-do-not-target-rosnefts-german-subsidiaries-2025-10-23/