U.S. Sanctions on NIS Delayed for 30 Days
U.S. sanctions on the Serbian Oil Industry (NIS) have been delayed for 30 days, announced the President of Serbia, Aleksandar Vucic.
11:09Pre 278 d27.02.2025.
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The Minister of Mining and Energy, Dubravka Djedovic Handanovic, stated that they received information from the U.S. Office of Foreign Assets Control (OFAC) that they have approved the request to delay sanctions and that the Americans have acknowledged the importance of NIS for our economy.
"This is certainly great news for the citizens of Serbia. We received information from the American side, primarily from OFAC, and early this morning, it was notified by the Government of Serbia that they have approved our request, or the support we gave to NIS's request to delay the sanctions. The Americans have stated that they understand the importance of NIS for our economy, for our citizens, but also for regional energy stability, and that NIS is vital for the functioning of some of the most important activities in our society, such as the healthcare system, police, and others," said Minister Djedovic Handanovic.
U.S. sanctions on the Serbian Oil Industry (NIS) have been delayed for 30 days, announced the President of Serbia, Aleksandar Vucic.
11:09Pre 278 d27.02.2025.
AutorShe emphasized that this permit from the U.S. administration, namely the 30-day delay of sanctions on NIS, does not apply to U.S. citizens or the U.S. financial system.
"Therefore, all individuals who, for example, have a U.S. passport, will not be able to continue doing business with NIS if they previously did, and will be at risk of being added to the OFAC sanctions list, but this does not apply to anyone else," said the Minister.
The shutdown of production facilities at the Pancevo Oil Refinery has begun due to a shortage of crude oil for processing, which has arisen as a consequence of the sanctions imposed on NIS by the U.S. Department of the Treasury, the company announced.
18:19Pre 4 h02.12.2025.
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Following the public bidding procedure, Ratel – the Regulatory Authority for Electronic Communications and Postal Services – has granted individual licenses to the operators Telekom Srbija, Yettel, and A1 Srbija, thereby meeting the conditions for the commercial provision of services using 5G.
18:17Pre 4 h02.12.2025.
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Serbian President Aleksandar Vucic stated that Serbia did not receive a positive decision from the United States regarding NIS and that the state has granted permission to shut down the refinery in Pancevo. He said that there are sufficient reserves of all oil derivatives until the end of January.
16:26Pre 6 h02.12.2025.
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Minister of Foreign Affairs Marko Djuric met in Washington, during his visit to the USA, with Deputy Secretary of State Christopher Landau, and one of the topics discussed was the preservation of the country’s energy security and the functioning of the Petroleum Industry of Serbia (NIS).
11:01Pre 11 h02.12.2025.
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Tirana, Albania, December 1st, 2025 – Newsmax Balkans, the American media franchise, officially launched its web portal in Albania today, marking a major milestone in its regional expansion across the Balkans - newsmaxbalkans.al.
19:46Pre 1 d01.12.2025.
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President of Serbia Aleksandar Vucic stated that the country has officially entered an election year today and that elections will be held within, at most, one year.
16:20Pre 1 d01.12.2025.
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Air Serbia has once again been named the Best Airline in Eastern Europe, according to the results of a prestigious survey by the American magazine Global Traveler, which specialises in travel trends, reviews, and guides aimed at business travellers.
15:52Pre 1 d01.12.2025.
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The Newsmax Balkans Albania portal officially began operations on Monday, December 1st .
14:03Pre 1 d01.12.2025.
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Montenegro will not send new requests to Serbia for the extradition of Svetozar Marovic, said Montenegrin Minister of Justice Bojan Bozovic in the Newsmax Balkans program Dijagnoza.
11:03Pre 1 d01.12.2025.
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