BRUSSELS — Bulgaria is exploring requesting an exemption to new U.S. sanctions against Russia’s largest private oil company, according to two people familiar with the matter, as it fears the measures will cause severe fuel shortages and a populist backlash across the country. President Donald Trump last week announced sanctions on Russia’s two largest oil producers, Rosneft and Lukoil, prompting several EU countries in which the firms operate to scramble for exemptions. Bulgaria is home to the

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