Serbia Secures US Sanctions Waiver for NIS Oil Firm

Serbia has obtained a waiver from the United States to allow its Russian-owned oil firm, NIS, to operate without facing sanctions. The country's energy minister confirmed this development, which indicates a significant diplomatic move amid ongoing geopolitical tensions. This waiver allows NIS to continue its operations, potentially stabilizing Serbia's energy supplies. The implications of such a waiver could influence the operational landscape for companies engaging with Russian interests, affecting market sentiment.