company

Between Russia, Europe and reality: Serbia’s oil politics explained 

Serbia’s oil sector in 2025 lives inside one of the most geopolitically sensitive energy architectures in Europe. Unlike electricity, which Serbia partially controls through domestic generation, or gas, which is structurally and visibly linked to pipeline geopolitics, oil exists in a quieter but more complex zone: a place where the ownership of core national infrastructure intersects with European sanctions regimes, financial compliance pressures, regional logistics corridors, and market psychology. For investors and financial analysts, understanding Serbia’s oil politics is not…