Serbia Faces ‘Lights Out’ As US Denies Sanctions Waiver To Russian-Owned Oil Refinery In the wake of the recent US sanctions on Russia’s two biggest energy giants, Serbia is in desperate need of a sanctions-waiver if the country hopes to keep the lights on. Serbia’s government is this week warning it could slide into a severe energy and economic crisis unless Washington grants a 90-day exemption from US sanctions. Officials are essentially begging for enough time to enable the Abu Dhabi National Oil Company (ADNOC) to take temporary control of the country’s only refinery, NIS, as it finalizes its purchase… — Continue at ZeroHedge News : Read More
