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Sat · 01 Aug 2026

Serbia Wins US Sanctions Waiver for Russian-Owned NIS Oil Company

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Serbia Wins US Sanctions Waiver for Russian-Owned NIS Oil Company

🇷🇸 BELGRADE — Washington exempted a Russian oil firm mid-sanctions campaign. 📌 LOOK CLOSER: NIS is Gazprom Neft-majority-owned — a sanctioned entity. Washington's waiver trades sanctions compliance for Balkan alignment. With Iranian crude offline and European supply fractured, the US can't lose Belgrade to Moscow. But exempting Russian-owned assets mid-campaign gives every fence-sitter a replicable template for carving out their own deals.

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