US postpones sanctions on Serbian oil firm: Vucic

Belgrade: US sanctions on Serbia s largest oil producer, originally scheduled to begin on October 1, have been delayed by at least a week, President A...

Belgrade: US sanctions on Serbia's largest oil producer, originally scheduled to begin on October 1, have been delayed by at least a week, President Aleksandar Vucic said on Sunday.

The majority Russian-owned Serbian Oil Industry (NIS) has secured repeated extensions of the measures since they were first announced as part of Washington's crackdown on Russia's energy sector over the invasion of Ukraine.

On Sunday, Vucic stated that he had secured an extension of seven or eight days during talks with US authorities, but provided no specific date for the measures that were due to take effect on Wednesday.

"We talked to them, and we just delayed for eight days," Vucic told the media at a pro-government rally in Obrenovac.

"In seven to eight days, we will have the same question, and I will still not have an answer."