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Sanctions, NIS and the political price of energy security in Serbia

December 9, 2025

The decision by Serbian authorities to allow payments and ongoing transactions for NIS, the Russian-owned oil company central to Serbia’s fuel supply, crystallized a...

Serbia seeks solution for delayed Russian pension payments due to bank sanctions

August 20, 2025

The Republic Fund for Pension and Disability Insurance (PIO Fund) of Serbia announced that it received a notification from the Russian Pension Fund regarding...

NIS sees sharp decline in 2024 profits, facing sanctions and rising costs

April 3, 2025

NIS, Serbia’s largest oil and gas company, reported its annual financial results, revealing a significant decline in net profit for 2024. The company’s net...

Serbia seeks to avoid sanctions on NIS: Final talks with OFAC underway

February 24, 2025

Final discussions between the legal teams representing the Oil Industry of Serbia (NIS) and the Office of Foreign Assets Control (OFAC) of the U.S....

Serbia’s plans to buy Russian stake in NIS spark debate over debt and management

January 9, 2025

In recent days, Serbian officials have been assuring the public that Serbia has the funds to buy the Russian stake in the Oil Industry...

U.S. State Department remains silent on Serbia’s NIS sanctions claims

January 7, 2025

The U.S. State Department has refrained from commenting on Serbian President Aleksandar Vučić's recent claims that the United States will impose sanctions on the...

U.S. Ambassador discusses potential sanctions on NIS amid geopolitical tensions

December 17, 2024

U.S. Ambassador to Serbia, Christopher Hill, commented on the uncertainty surrounding potential U.S. sanctions on the Serbian Oil Industry (NIS). He emphasized that it...

Serbia faces challenges with NIS ownership amid US sanctions on Russian stake

December 16, 2024

Two years ago, Serbian President Aleksandar Vučić hinted at the possibility of Serbia taking control of the oil company NIS to shield itself from...

Serbia’s energy stability assured despite potential U.S. sanctions on NIS

December 15, 2024

The founder of the "Energija Balkana" portal, Jelica Putniković, stated for RTS that Serbia will not face serious energy problems, even if U.S. sanctions...

Surge in Serbian exports to Kyrgyzstan raises concerns of sanctions evasion amidst Russia-Ukraine conflict

August 1, 2024

The increase in Serbia's exports to Kyrgyzstan, especially in the wake of the Russian invasion of Ukraine, raises significant concerns about potential sanctions evasion....

Economy and sanctions against Russia

June 26, 2022

The official decision to cancel the announced arrival of the Minister of Foreign Affairs of the Russian Federation, Sergey Lavrov, once again reminded us...

Serbia suffers a lot because of the non-imposition of sanctions on Russia

May 15, 2022

The President of Serbia, Aleksandar Vučić, stated that Serbia suffers a lot because of the non-imposition of sanctions on Russia, and that life would...

We are hostages of the current situation due to the war in Ukraine

April 27, 2022

Journalist Miša Brkić assessed that regardless of the imposition of sanctions on Russia or the possible conclusion of an agreement with Putin - we...

Serbia will have a growth of one percent less than planned

April 24, 2022

The first projections of world institutions say that due to the war in Ukraine, Serbia will have a growth of one percent less than...