What’s at Stake? – EUROP INFO

NIS Oil Company Pursues Sanctions Exemption Amid Global Tensions

In light of the evolving geopolitical landscape in Eastern Europe, Serbia’s NIS Oil Company is actively seeking a third exemption from U.S. sanctions, as reported by Reuters. This subsidiary of the Russian energy giant Gazprom Neft plays a vital role in maintaining Serbia’s energy security during these challenging times. Obtaining this waiver would not only enable NIS to continue its operations but also bolster fuel supply…