Pressed by Sanctions: Western Coercion and the Future of Russian–Serbian Relations

... Lazovich: Brothers Forever: Russian–Serbian Economic Partnership Amid Geopolitical Turbulence https://russiancouncil.ru Good Old America: Sanctions, Threats and Coercion In January 2025, the administration of former US President Joe Biden imposed sanctions on the Serbian oil company NIS, justifying the decision by the presence of Russian capital in its ownership structure. Indeed, a controlling stake of 56.15% did belong to Gazprom Neft and affiliated entities; however, Serbia—which owned less than 30% of the company—remained ...