US sanctions Serbia’s main oil supplier controlled by Russia | News

Sanctions imposed on NIS in January as part of its crackdown on the Russian energy sector go into force.

US sanctions on Serbia’s majority-Russian-owned Petroleum Industry of Serbia (NIS) oil company, which operates the country’s sole refinery, have taken effect after months of delay.

After the sanctions came into force on Thursday morning, NIS said it “had not yet been granted an extension of the special…