US EditionInextricable Situation: Moscow Does Not Want to Sell, Washington Does Not Want to Lift Its Sanctions and Serbia's only Refinery Is Now at a Standstill
4 Articles
4 Articles
Professor Danica Popović says that the consequences of sanctions on NIS in the future, if the Russian stake is not sold and the US does not lift sanctions, will be an increase in inflation, which will also affect pensions. She also pointed out that the media is paying too much attention to statements by President Aleksandar Vučić.
Washington imposes sanctions on the main Serbian oil company, NIS, mostly owned by Russian companies Gazprom and Intelligence. NIS provides 80% of the country's gas stations.
Serbia's only oil refinery could be shut down within days after the United States refused to allow Russian-owned NIS to continue operating. It seems that a fuel shortage is inevitable in the neighboring country. The big question is whether this will affect Hungary in any way, and whether we should expect further price increases due to the increased demand.
Professor Danica Popović says that the consequences of sanctions on NIS in the future, if the Russian stake is not sold and the US does not lift sanctions, will be an increase in inflation, which will also affect pensions. She also pointed out that the media is paying too much attention to statements by President Aleksandar Vučić.
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- 50% of the sources lean Left, 50% of the sources are Center
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