Energy standoff: US tells Serbia to remove Russian ownership from NIS entirely; Belgrade warns of ‘historic’ decisions ahead
Serbia faces a critical juncture as the US demands complete withdrawal of Russian ownership from its largest oil company, NIS, to lift sanctions. Failure to comply by February 13 could trigger a severe energy crisis, forcing Belgrade to consider nationalizing NIS, a move met with internal resistance. The Serbian government is urging Moscow to understand the gravity of the situation.🕒 1 min read
Serbia faces a critical juncture as the US demands complete withdrawal of Russian ownership from its largest oil company, NIS, to lift sanctions. Failure to comply by February 13 could trigger a severe energy crisis, forcing Belgrade to consider nationalizing NIS, a move met with internal resistance. The Serbian government is urging Moscow to understand the gravity of the situation.
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