The U.S. Treasury's Office of Foreign Assets Control initially placed sanctions on Russia's oil sector on January 10, and gave Gazprom Neft 45 days to exit ownership of NIS. OFAC previously ...

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Gazprom Neft cuts stake in Serbia’s NIS as US sanctions loom Russia's Gazprom Neft transferred stakes of around 5.15% in Serbia's NIS oil company to Gazprom , in an attempt to ward off U.S ...