Back to today’s briefing

Story perspectives

Vucic Pleads for Time Amid NIS Sanctions Crisis

10/29/2025

50 8

Summary

Story summary

Aleksandar Vucic, Serbia's president, asked the United States for more time to address Gazprom's control of Naftna Industrija Srbije (NIS) amid looming sanctions.
The Pancevo refinery of NIS is running low on inventory, with supplies due to last until November 20.
Vucic urged the United States not to impose secondary sanctions until mid-December.
The United States expects Serbia to persuade Gazprom to sell its stake or nationalize NIS.

1 of 1

Story summary

Aleksandar Vucic, Serbia's president, asked the United States for more time to address Gazprom's control of Naftna Industrija Srbije (NIS) amid looming sanctions.
The Pancevo refinery of NIS is running low on inventory, with supplies due to last until November 20.
Vucic urged the United States not to impose secondary sanctions until mid-December.
The United States expects Serbia to persuade Gazprom to sell its stake or nationalize NIS.