Serbia’s Minister of Mining and Energy, Dubravka Đedović Handanović, held discussions with Serbian members of the Oil Industry of Serbia (NIS) board regarding ongoing risks faced by the company. A key focus of the meeting was the effort to remove NIS from the US Office of Foreign Assets Control (OFAC) sanctions list. The Minister emphasized the government’s commitment to resolving the situation as quickly as possible, though details of specific strategies were not disclosed. NIS continues to operate under certain restrictions due to the sanctions, impacting its international financial transactions. The company’s board members briefed the Minister on current operations and challenges related to the sanctions. The Ministry stated that continued collaboration is crucial to navigate these complexities and secure NIS’s future. The outcome of these efforts remains uncertain, but the Serbian government appears determined to address the issue.