Overview
- Treasury’s OFAC targeted Rosneft, Lukoil and affiliated entities, with a cooperation ban set to take effect after November 21.
- The EU adopted its 19th sanctions package, introducing a Russian LNG import ban starting January 2027 and tightening export, banking and shadow‑fleet measures.
- Orban plans to meet Trump in Washington next week to request a waiver, citing Hungary’s landlocked status and dependence on pipeline crude.
- Germany received a U.S. assurance that German Rosneft assets placed under national trusteeship are excluded from the measures.
- A fire has reduced capacity at Hungary’s main MOL refinery and the government drafted emergency fueling plans, as Trump signaled he might not put the announced U.S. measures into effect.