Serbian Oil Refinery Suspends Production Due to US Sanctions
Serbian Oil Industry’s refinery in Pancevo. Photo: nis.rs Serbia’s mainly Russian-owned oil company NIS (Serbian Oil Industry) announced on Tuesday that its Pancevo refinery is suspending production due to a lack of crude oil as a result of US sanctions imposed over Russia’s full-scale invasion of Ukraine. “Pancevo Oil Refinery…
bubmagDecember 2, 2025