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U.S. sanctions on the Serbian Oil Industry (NIS) have been delayed for 30 days, announced the President of Serbia, Aleksandar Vucic.
27.02.2025. 11:09
"We have received an additional 30 days for the Serbian Oil Industry. A good piece of news for the citizens of Serbia," Vucic stated.
He posted a document from the U.S. Department of the Treasury on Instagram, which confirmed the delay of sanctions on NIS until March 28.
The sanctions were supposed to take effect at 6 AM Central European Time.
Previously, the NIS company, with the support of the Serbian and Hungarian governments, submitted a request to the U.S. Office of Foreign Assets Control (OFAC) to extend the deadline for the implementation of the sanctions by 90 days.
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