Serbia ’s only operational oil refinery, located in Pančevo, has ceased production and shifted to so-called “ warm circulation ,” N1 TV reported. This mode allows a limited amount of crude to circulate through the system to maintain the facility’s operational integrity, according to sources familiar with the matter. The stoppage comes as a direct consequence of U.S. sanctions imposed on the refinery’s majority owner, the Russian-controlled “Petrol Industry of Serbia ” (NIS). These sanctions ,

Tag-uri: Petrol