Russia ready to sell Serbia’s NIS refinery amid US sanctions

The move marks a rare Russian concession amid Western pressure on Moscow’s European energy footholds. Russia’s Gazprom Neft and Gazprom have formally notified the U.S. Treasury’s Office of Foreign Assets Control (OFAC) of their willingness to relinquish control of Serbia’s majority-Russian-owned oil giant NIS to a third party, as crippling...