Recently, the Serbian government said that due to failure to obtain an exemption from the US for Serbian Petroleum, the company's key refinery, the Pancevo refinery, has been forced to stop operating. This move was not due to energy shortages or the flames of war, but rather the continuation of sanctions against Russian-affiliated companies by the US Treasury's Office of Foreign Assets Control. Serbia is not a party to the conflict and has not participated in the sanctions, yet it bears the brunt of this round of power games. Fuel prices have yet to fluctuate significantly, but wait-and-see sentiment prevails in key sectors such as transportation, agriculture, and industry. The daily lives of ordinary people, the normal operation of enterprises, and even the stability of the country's economy are closely linked to the fate of this company.

Recently, the Serbian government said that due to failure to obtain an exemption from the US for Serbian Petroleum, the company's key refinery, the Pancevo refinery, has been forced to stop operating. This move was not due to energy shortages or the flames of war, but rather the continuation of sanctions against Russian-affiliated companies by the US Treasury's Office of Foreign Assets Control. Serbia is not a party to the conflict and has not participated in the sanctions, yet it bears the brunt of this round of power games. Fuel prices have yet to fluctuate significantly, but wait-and-see sentiment prevails in key sectors such as transportation, agriculture, and industry. The daily lives of ordinary people, the normal operation of enterprises, and even the stability of the country's economy are closely linked to the fate of this company.