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By Maya Lester KC & Michael O’Kane

US extends sanctions waiver against Serbian Oil Industry

27 August 2025

US extends sanctions waiver against Serbian Oil IndustryBillion Photos/Shutterstock.com

The Serbian Ministry of Mining and Energy has announced it has secured an additional waiver of sanctions against the Russian-owned Serbian Oil Industry (NIS). NIS operates Serbia’s only oil refinery. OFAC designated NIS in January 2025...

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Regimes / Regions

Sanctioning States

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Maya Lester KC
By 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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