Fuel crisis fears in Serbia as US sanctions main oil refiner
Belgrade fails to secure further waiver from Trump administration for restrictions against Gazprom-controlled NIS
Belgrade fails to secure further waiver from Trump administration for restrictions against Gazprom-controlled NIS

US sanctions on Russia’s biggest oil companies have added to fears of shortages from refinery shutdowns

Decision risks upending the industry by disrupting exports and forcing both companies to adapt

Western sanctions will not be effective until the loophole for facilities in India, Turkey and China is closed

UAE energy giant emerges as frontrunner to buy Russia’s controlling stake in Serbia’s sole oil-processing facility

Berlin says Washington should not target subsidiaries of Russian oil company located in Germany

Washington’s move to prevent oil trader Gunvor from buying Russian group’s assets revives prospect of Rosneft power grab