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

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

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

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

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

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

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

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

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