Belgrade, 28 October 2025, dtt-net.com – The Russia-owned oil refinery in Serbia, NIS, is facing risk of shutdown by next month amid halt of oil shipments and also expected USA sanctions on local banks involved in transactions with it, according to officials. Serbia’s President Aleksandar Vucic said today that the company will continue operations until … Continue reading Russia-owned oil company in Serbia at brink of shutdown amid USA sanctions