On December 2, local time, after a meeting with the energy security team, Serbian President Vučić said that up to now, Serbia has not obtained an exemption from the US for Serbian oil companies, so the Serbian government has approved the closure of the company's refineries. Vučić said he was “disappointed and surprised” by America's decision. He also pointed out that the US decision was a political consideration rather than an economic one, and Serbia “suffered” as a result. Vučić said that currently Serbia's domestic fuel reserves are relatively sufficient and can be maintained until the end of January 2026. The Serbian government is actively developing channels to obtain fuel. At the beginning of this year, Serbian oil was added to the US sanctions list due to so-called “secondary risks.”

On December 2, local time, after a meeting with the energy security team, Serbian President Vučić said that up to now, Serbia has not obtained an exemption from the US for Serbian oil companies, so the Serbian government has approved the closure of the company's refineries. Vučić said he was “disappointed and surprised” by America's decision. He also pointed out that the US decision was a political consideration rather than an economic one, and Serbia “suffered” as a result. Vučić said that currently Serbia's domestic fuel reserves are relatively sufficient and can be maintained until the end of January 2026. The Serbian government is actively developing channels to obtain fuel. At the beginning of this year, Serbian oil was added to the US sanctions list due to so-called “secondary risks.”