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Sun · 08 Nov 2026

Serbia's Russian-Owned NIS Refiner Seeks New US Sanctions Waiver

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Serbia's Russian-Owned NIS Refiner Seeks New US Sanctions Waiver

🏭 BALKANS — Serbia's Russian-owned refiner is lobbying Washington for a sanctions pass. 📌 LOOK CLOSER: NIS is majority-owned by Gazprom Neft — a Russian state asset operating inside the EU's southeastern flank. Each waiver Washington grants rewires the sanctions regime: Serbia gets energy security, Russia gets a revenue stream, the US gets leverage over Belgrade. With Iran waivers already running, the precedent is live. Brussels watches both.

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