Serbia: OFAC License to MOL for NIS Signals Sanctions Relief, Gas Strategy Needed

A U.S. OFAC license granted to Hungary's MOL regarding Serbia's oil company NIS suggests a step toward resolving sanctions-related constraints on NIS operations. The move is preliminary and its scope is unclear, but it may ease energy supply risks in the Balkans. A comprehensive gas strategy is still needed, per Energy Union member Marković.

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