oil refinery

Serbia’s oil supply not at risk despite possible US sanctions on NIS

The General Secretary of the Association of Oil Companies of Serbia, Tomislav Mićović, reassured the public that even if the US were to impose total sanctions on the Serbian Oil Industry (NIS), the country's fuel supply would not face a major crisis, nor would there be a sharp increase in fuel prices. Mićović stated that "everything can be overcome," referring to previous incidents where the oil sector managed disruptions without significant price fluctuations. He pointed out that last year, when…