Thanks to temporarily relaxed US sanctions, Serbia’s sole oil refinery, majority owned by Russia’s second-largest energy company, resumed operations on Sunday this week as the publicly owned Naftna Industrija Srbije (NIS) seeks bids for new ownership. NIS has obtained a license from the US Office of Foreign Assets Control (OFAC) allowing it to continue operations until January 23, as well as a license to negotiate the sale until March 24. JOIN US ON TELEGRAM Follow our coverage of the war on