The U.S. Department of the Treasury's Office and Foreign Assets…

The U.S. Department of the Treasury's Office and Foreign Assets Control (OFAC) has extended the operational license for the Serbian oil company NIS, which is subject to sanctions, until July 31.

Consensus

• The U.S. Office of Foreign Assets Control (OFAC) extended NIS's operational license until July 31.
• Serbia's Minister of Mining and Energy, Dubravka Jevdokhich-Handanovic, confirmed the extension.
• NIS operates under U.S. sanctions that began in October 2025.
• The company is involved in oil exploration, production, and refining.

Points of divergence

• The previous license expired on July 1, and the new one extends until July 31. — kommersant
• OFAC extended NIS's license to July 1, not July 31 as stated in other sources. — vedomosti

Coverage (3 sources)

• US Treasury extends license for Serbian NIS by 30 days — Коммерсантъ
• US Treasury extends NIS operating license until July 31 — Ведомости
• US extends operating license for sanctioned company NIS until July 31 — Вести

Key entities

• NIS
• USA
• Ministry of Finance
• OFAC
• Serbia
• United States (OFAC)
• Dubravka Jedovich-Khandanovich
• Moscow
• Panchevsky Oil Refinery