Serbia's Russian-owned NIS oil company fails to secure another US sanctions waiver
ReutersOct 9, 2025 5:14 AM
ATHENS, Oct 9 (Reuters) - Serbia's Russian-owned NIS NIIS.BEL oil company has failed to secure another waiver from U.S. sanctions, the company said on Thursday.
"The special license from the U.S. Department of the Treasury, which enables seamless operational business, has not yet been extended," the company said.
NIS, one of Russia's last remaining energy assets in Europe, said it had secured sufficient stocks of oil for processing as U.S. sanctions take effect.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Synopsys (SNPS): Strategic Opportunities and Risks Amid 40% Drawdown
Chip giant Synopsys teetering on the edge? The ultimate "pick-and-shovel" supplier in the AI frenzy, but hammered by China's sudden market freeze and export clamps, sending shares crashing 40%! Is that $35 billion Ansys mega-deal a rescue rope or a bigger sinkhole? Dive into the EDA powerhouse's naiTradingKey
21 hours ago
-8a7a081ca049441dae56d6b7cc6440c4.jpg)
FOMC October Meeting Minutes: How Should Investors Respond?
In the context of the U.S. government shutdown and a period of limited economic data, the Federal Reserve’s release of its latest monetary policy meeting minutes and officials’ statements on 8 October will be particularly significant.TradingKey
Tue, Oct 7
U.S. Government Shutdown Commentary: Is a Stock Market Crash Imminent? Will Gold Prices Continue to Surge?
TradingKey - On 1 October 2025, the U.S. federal government officially entered a shutdown, impacting various asset classes. This article analyses two key markets most affected—U.S. equities and gold—to help investors identify potential opportunities.TradingKey
Wed, Oct 1
ASML Q2 FY2025 Earnings Review: Strong Growth and High-NA EUV Breakthrough Shadowed by 2026 Uncertainty
ASML Holding N.V. (NASDAQ: ASML) released its Q2 FY2025 earnings on July 16, 2025, exceeding market expectations with robust net sales and net bookings, though the stock fell around 10% due to cautious guidance for 2026 amid geopolitical uncertainties.TradingKey
Mon, Jul 14
Inside Nvidia’s Investment Blueprint: Mapping the Next Empire of AI, Automation, and Infrastructure
TradingKey - Nvidia (NVDA) is no longer just the leader of GPU chips, the company is transforming into something more. As the company heads towards the much-awaited annual shareholder meet, a sharper mental picture comes as to what exactly it’s building: an empire beyond silicon.TradingKey
Wed, Jun 25
