Serbia's Russian-Owned NIS Seeks New US Sanctions Waiver
⚡ BALKANS — Serbia's Russian refiner needs Washington's permission to keep operating. 📌 LOOK CLOSER: NIS supplies ~70% of Serbia's fuel — a sanctions expiry without a waiver means Balkan supply shock while Europe already pays Hormuz premiums. Washington holds the lever: grant it and Russia keeps Balkan energy infrastructure; deny it and Belgrade scrambles for alternatives mid-crisis. The timing forces a US choice between sanctions coherence and European energy stability.