**US Imposes Sanctions on Serbian Oil Industry**
Serbia’s President Aleksandar Vucic said that the US will impose direct sanctions on Serbia’s oil company, NIS. This means that the US will take action specifically against NIS.
Vucic made this announcement at a government meeting in Serbia. He said that the US will not just limit their sanctions to financial penalties, but will target all areas of NIS operations.
**What does this mean?**
The US is targeting NIS directly because of its connections to Russia. The sanctions are not aimed at companies with Russian ownership or those financed by Russian banks. They are a direct attack on the Serbian oil industry.
**Changes ahead for Serbia**
Vucic expects significant changes in the world now that the new US administration has taken office. He wants Serbia’s Ministry of Foreign Affairs to take a strong and proactive approach to dealing with these changes.
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