Politics

Serbia secures US sanctions waiver for its Russian-owned NIS oil firm

The waiver is crucial for Serbia as the NIS refinery covers around 80% of the country's demand.
The waiver is crucial for Serbia as the NIS refinery covers around 80% of the country's demand. Photo by Maxim Konankov/NurPhoto via Getty Images

The waiver is crucial for Serbia as the NIS refinery covers around 80% of the country's demand.