US Grants Temporary Sanctions Waiver to Serbia’s NIS Until October 8
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LN24 / 3 months
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The U.S. Department of the Treasury has issued a temporary license allowing Serbia’s oil company NIS to continue operations until October 8, despite existing sanctions. NIS, which is partially owned by Russian companies, confirmed the extension on Wednesday. The company runs Serbia’s only oil refinery, located in the town of Pancevo near Belgrade. It plays […]