BELGRADE: The United States has introduced sanctions against Serbia’s main oil supplier, which is controlled by Russia, the company said on Thursday. Serbia’s president said this could have “unforeseeable” consequences for the Balkan country. Serbia depends almost entirely on Russian gas and oil supplies, which it receives mainly through pipelines in Croatia and other neighboring states. The gas is then distributed by Petroleum Industry of Serbia (NIS), which is majority-owned by Russia’s state oil monopoly Gazprom Neft.
The US sanctions Serbia’s main oil supplier, which is controlled by Russia
Serbia depends almost entirely on Russian gas and oil supplies
The sanctions could deprive Serbia of gasoline and heating oil ahead of the winter months
October 09, 2025 15:20
BELGRADE: The United States has introduced sanctions against Serbia’s main oil supplier, which is controlled by Russia, the company said on Thursday. Serbia’s president said this could have “unforeseeable” consequences for the Balkan country.
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