BREAKING NEWS

Germany seizes 3 Russian refineries in energy row

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Germany seizes three Moscow-linked oil refineries in its country. 

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The move is seen as an escalation of the energy war between Russia and European countries. 

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Germany seizes three Moscow-linked oil refineries in its country.  

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Shares in the refineries PCK Schwedt, MiRo in Karlsruhe and Bayernoil in Vohburg have been placed under the control of the German government. 

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All three are owned by the Russian energy company Rosneft following a share issue by the federal government. 

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The European Union has accused Russia of using energy as a weapon of war. Russia has limited its supply of natural gas to the countries in response to sanctions. 

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Germany's economy ministry says it will provide a "transformational boost" for the region and support the oil refinery. 

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German Chancellor Olaf Scholz announces $997 million "future package" for eastern German states over several years.  

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Rosneft Deutschland is one of the largest oil processors in Germany. 

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The European Union has committed to slashing its dependence on Russian oil, claiming it fueled Moscow's war against Ukraine. 

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