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Serbia Faces Rising Energy and Investment Costs as Expo 2027 Approaches

Serbia is expected to maintain adequate electricity, fuel and gas supplies through the remainder of 2026, but the financial cost of securing those supplies is becoming a central economic concern. An exceptionally hot and dry summer has reduced regional river levels, weakened hydropower output and disrupted fuel transport along the Danube. At the same time, geopolitical instability, higher oil prices and uncertainty surrounding Naftna Industrija Srbije (NIS) and its Pančevo refinery are increasing pressure on the country's energy system. The…