Serbia's Oil Crisis: Sanctions Deadline Looms
Update: 2025-10-01
Description
Serbia's energy supply hangs in the balance! A last-minute reprieve from US sanctions gave Serbia's Russian-owned oil giant, NIS, a one-week extension, delaying a potential energy crisis. With the clock ticking down to October 8th, the future of Serbia's oil supply, gas prices, and overall energy stability remains uncertain as the nation scrambles to find alternatives and lessen its reliance on Russian energy.
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