US extends Serbian Oil Industry sanctions waiver again

2 October 2025

US extends Serbian Oil Industry sanctions waiver againsharpner/Shutterstock.com

The US has issued a license postponing the implementation of sanctions on the Russian-owned Serbian Oil Industry (NIS), which operates Serbia’s only oil refinery. OFAC designated NIS in January 2025 because it is a...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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