
The US Department of the Treasury has granted a special licence delaying full sanctions on Serbia’s Russian-owned oil company NIS and allowing its operations to continue until October 8, NIS said on Wednesday.
NIS operates the only oil refinery in the Balkan country.
The US Treasury’s Office of Foreign Assets Control initially placed sanctions on Russia’s oil sector on January 10, and gave Gazprom Neft 45 days to exit ownership






