The United States has extended a license allowing a Serbian oil company, previously sanctioned, to continue limited operations. This waiver permits transactions related to the winding down of operations and maintenance of existing infrastructure. The original sanctions targeted the firm due to alleged ties to individuals linked to Russian interests in the Balkans. The extension aims to mitigate potential regional instability that could arise from a complete and immediate shutdown. While maintaining pressure on Serbia, the US seeks to avoid disruptions to energy supplies and economic hardship. Details of the license extension, including its duration, remain limited. This move signals a cautious approach balancing geopolitical concerns with economic pragmatism.