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Serbia’s NIS Granted US Sanctions Waiver Until October 8

Summary by WTVB
BELGRADE (Reuters) -The U.S. Department of the Treasury has granted a special licence delaying full sanctions on Serbia's Russian-owned oil company NIS and allowing its operations to continue until October 8, NIS said on Wednesday. NIS operates the onl...

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At a moment when the long-announced American sanctions on the Serbian Oil Industry (NIS) were never closer to coming into force, and October 8 is mentioned as the date, Serbia's possibilities for importing oil and oil derivatives are beginning to be re-examined.

·Belgrade, Serbia
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"Russian representatives maintain close contacts with Serbian colleagues", euronews serbia, euronews serbia, euronews serbia, euronews serbia, euronews, euronews

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No one dares to predict what will happen after October 8th.

The United States (US) has postponed a week, until next October 8, the sanctions against the main Serbian oil company, NIS, mostly Russian-owned, which were announced in January and postponed several times, the company has reported. The entry into force of the sanctions, whose aim is to prevent Moscow from using oil revenues to finance its aggression against Ukraine, will entail a significant reduction in the oil supply of NIS, the only company …

The Oil Industry of Serbia (NIS) announced on Wednesday that the United States Treasury Department (US) had issued a new special license a day earlier, postponing the entry into force of full-scale sanctions against the company. The special license allows the company to operate unhindered...

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Cyprus Mail broke the news in Nicosia, Cyprus on Wednesday, October 1, 2025.
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