President Vucic Says the U.S. Will Impose Sanctions on the Oil Industry of Serbia Starting October 1

Speaking to journalists in New York, Vucic said that Serbia is collateral damage in the relationship between the Americans and the Russians, reminding that the Russians are the majority owners of NIS.

“We have been extremely fair toward our Russian partners and toward our American partners. We will try to continue being fair, but people need to know that we will pay an extremely high price,” Vucic said.

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NIS Requests New License from the U.S. Department of the Treasury to Postpone Sanctions

The company NIS has submitted a new request to the U.S. Department of the Treasury for the issuance of a special license that would postpone the full implementation of sanctions and allow the company to continue its operational activities without interruption after September 26, when the deadline se

12:44Pre 7 d19.09.2025.

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President Vucic Meets with U.S. Secretary of State Rubio on Strengthening Serbia-U.S. Cooperation

U.S. Secretary of State Marco Rubio and Serbian President Aleksandar Vucic discussed deepening the partnership between the two countries, according to a statement from the U.S. State Department.

09:32Pre 2 d24.09.2025.

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Minister Djuric: From UN Headquarters, Serbia Sent the Message That It Is Strong, Stable, Responsible, and Principled

Minister of Foreign Affairs Marko Djuric stated from the United Nations headquarters that Serbia conveyed the message that it is a strong, free and stable country – one that is part of the solution when it comes to regional challenges but also a country that stands by its principles on global issues

08:56Pre 1 d25.09.2025.

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The President said he is convinced that the Russians will claim to have reserves for a month or two, but problems will follow, as no bank will want to do business with NIS.

“But since financial transactions are prohibited, because no bank will want to work with them, there will be issues with salary payments and everything else. But let’s see, let’s wait. Maybe some miracle happens before October 1. Everything I asked for — they wanted to show respect and said, ‘We won’t impose them immediately,’ meaning the four days could allow for employee payments and to figure things out. I don’t know what else to say, but a difficult time and a harsh winter await us,” Vucic said.

He emphasized that the state will do everything it can to ensure citizens have a warm winter in their homes and do not need to worry about fuel supplies — whether for their cars, or for buses and trucks.

“Everything else will be much, much harder. And now, after this, absolutely everything is further complicated and is creating major political, economic, and all other kinds of problems for us. But we will fight, we will talk, and seek a way out of a very unpleasant and difficult situation,” Vucic added.

Sanctions against NIS have been postponed six times so far, with the most recent postponement until September 26.

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