TREE NEWS reports: Russian-controlled Serbian oil company NIS has received a new US sanctions waiver valid until December 11, Serbia’s state broadcaster RTS reported Friday. The waiver allows NIS, which operates Serbia’s only refinery, to continue importing crude oil while Russia sells its majority stake in the company to Hungarian energy firm MOL.
Serbia’s NIS Gets New US Sanctions Waiver Through Dec 11
AI take
The waiver is a stopgap, not a resolution: it keeps Serbia's only refinery running while the ownership question remains unresolved, so the real test is whether the MOL stake sale closes before the next deadline. This matters most for Serbian fuel supply and for Budapest, which would take on a sanctioned-adjacent asset. Whether Washington keeps extending waivers in the absence of a completed sale is the open question.
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