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Serbia secures US sanctions waiver for its NIS oil firm, energy minister says

Sanctions & Export ControlsGeopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsTrade Policy & Supply ChainEmerging Markets

The U.S. Treasury extended a sanctions waiver for Serbia's Russian-owned NIS until April 17, allowing continued crude oil imports. The extension reduces immediate supply disruption risk for Serbia's energy sector but is a short-term concession amid heightened geopolitical tensions linked to U.S.-Israeli actions involving Iran. Monitor for further waiver renewals or escalation that could affect regional energy flows and trading counterparties.

Analysis

The U.S. Treasury extended a sanctions waiver for Serbia's Russian-owned NIS until April 17, allowing continued crude oil imports. The extension reduces immediate supply disruption risk for Serbia's energy sector but is a short-term concession amid heightened geopolitical tensions linked to U.S.-Israeli actions involving Iran. Monitor for further waiver renewals or escalation that could affect regional energy flows and trading counterparties.

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