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• U.S. sanctions on Serbia’s largest oil company NIS will take effect October 1, 2025.
• NIS is majority-owned by Russia’s Gazprom Neft (and Gazprom), with the Serbian state also a large shareholder — the sanctions and repeated waiver requests have created uncertainty about supplies and banking operations. Nikola Sandulovic

09/25/2025
09/25/2025
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🙈 Nikola Sandulovic
09/25/2025

🙈 Nikola Sandulovic

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