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State Department On NIS Sanctions: “We Don’t Preview Actions” But Pledges To Disrupt Russia’s Financial NetworksT he U.S. State Department has declined to confirm whether sanctions are being considered against Naftna Industrija Srbije (NIS), Serbia’s largest oil company, which is majority-owned by Russia ...
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BP Halts Shah Deniz Output After Pipeline Issue in Caspian SeaThis suspension coincides with recent U.S. sanctions targeting Serbia's Naftna Industrija Srbije (“NIS”) over its Russian ties, amplifying challenges for the Balkan nation. The Shah Deniz ...
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