fromRadioFreeEurope/RadioLiberty
1 week agoSerbia Braces For Fallout After US Sanctions On Oil Firm NIS Take Force
"The company has not been extended a special license by the United States Department of Finance, which enables smooth operational business," NIS said in a statement."Since the listing of the company on the SDN (Specially Designated Nationals) list in January, NIS has been carefully monitoring the situation and trying to adapt its operations to the new circumstances...NIS has secured sufficient stocks of oil for processing at this time, while gas stations are properly supplied with all types of oil derivatives.