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Russia-owned oil company in Serbia asks Trump’s government for 5th postponement of sanctions

Belgrade, 19 July 2025, dtt-net.com – Russian-owned oil company in Serbia, NIS. said it has made a request to the government of Donald Trump, for postponement of implementation of sanctions beyond July 29, after sanctions imposed by Biden’s government in January, as part of wider sanctions on Russian oil company Gazpromneft which holds majority of shares in the company.

The NIS company said yesterday it asked the US Treasury Department for the issuance of a special license for the fifth postponement, which postpones the full implementation of the sanctions…

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