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Economist discusses potential solutions following US sanctions on Serbian oil industry

January 13, 2025

Economist Ljubodrag Savić commented on the recent U.S. sanctions imposed on the Serbian oil company, Naftna Industrija Srbije (NIS), suggesting that the best solution...

NIS announces smooth operations despite U.S. sanctions, Serbia to address Russian ownership

January 11, 2025

Oil industry of Serbia (NIS) assured the public this evening that its operations remain unaffected by the recently imposed American sanctions. The company confirmed...

Croatia aims for Serbian stability amid US sanctions on NIS and Russian entities

January 11, 2025

Croatian Prime Minister Andrej Plenković commented last night on the new sanctions regime targeting Russian legal entities and individuals, including the Oil Industry of...

US sanctions on Serbian oil industry raise uncertainty over NIS ownership and future

January 9, 2025

American sanctions on Serbia’s oil industry, due to majority Russian ownership of NIS, have raised concerns about the company’s future. NIS’s largest shareholder is...

Serbia’s oil supply not at risk despite possible US sanctions on NIS

January 8, 2025

The General Secretary of the Association of Oil Companies of Serbia, Tomislav Mićović, reassured the public that even if the US were to impose...

Serbia confirms sufficient funds to address potential US sanctions on NIS

January 6, 2025

Serbia has sufficient funds to address potential issues arising from the announced US sanctions on the Oil Industry of Serbia (NIS), due to Russia's...

Serbia faces economic challenges as U.S. sanctions threaten NIS oil industry

January 4, 2025

Serbian President Aleksandar Vučić announced that the United States will officially impose direct sanctions on the Serbian oil industry (NIS) by January 15, 2025,...

Serbia’s energy security and U.S. sanctions: President talks with U.S. official

January 3, 2025

Serbian President Aleksandar Vučić announced an "open, honest, and difficult conversation" with Jose Fernandes, the Undersecretary of the U.S. Department of State for Economic...

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