The United States is reportedly granting Germany a 6-month grace period to address the vesting issue of Russian oil assets.

On October 28, Jin10 reported that sources revealed that the United States has given Germany a six-month ultimatum to resolve the ownership vesting issue of Russian oil company Rosneft's assets in Germany, during which these assets will be temporarily exempt from U.S. sanctions. Sources stated that the Trump administration has communicated to Germany that it is considering issuing a non-renewable, restricted general license to Rosneft Deutschland. Currently, German officials are evaluating the proposal and are expected to respond in the coming days. Some sources indicate that German Economic Minister Katharina Reiche plans to discuss this topic at the G7 Energy and Environment Ministers' meeting in Toronto this week. Although this arrangement will drop the risk of sanctions impacting Germany's refining industry in the short term, it also pressures Germany to devise a viable ownership structure that excludes Russian influence before the custody deadline in March next year.