The energy giant Rosneft’s local subsidiary is currently under a Berlin-appointed trusteeship The nationalization of Rosneft’s assets in Germany would be tantamount to confiscation, a step which would have far-reaching consequences, Kremlin spokesman Dmitry Peskov warned on Thursday.

The German authorities are discussing nationalizing the local subsidiary of Russian state-controlled energy major Rosneft, which has been under a trusteeship since 2022, the company said on Thursday. The newspaper Handelsblatt reported, citing government sources, that a hearing that began on Monday marks the first step towards a formal expropriation procedure the government is seeking…

The West must maintain support for Kiev to prevent Russia from winning, Chancellor Olaf Scholz has said Ukraine’s ability to fight Russia could soon be compromised, despite the flow of Western-made arms and munitions into the country, German Chancellor Olaf Scholz has warned.