US grants Serbian oil firm another sanctions waiver

Sanctioned Serbian oil firm NIS had its temporary US operating licence extended until August 28, Serbia's energy minister said on Friday, as talks continued over the sale of its Russian majority stake.US grants Serbian oil firm another sanctions waiverThe extension allows Petroleum Industry of Serbia to continue importing crude and operating its sole refinery despite US sanctions on Russia's energy sector.The latest waiver from the US Treasury's Office of Foreign Assets Control had been due to expire at midnight on Friday."It is good news that NIS can import and secure sufficient quantities of crude oil but the continued uncertainty is not," Energy Minister Dubravka Djedovic Handanovic said.With record-low water levels in the Danube river disrupting fuel imports, Serbia is increasingly rel