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Serbia's sole refinery faces shutdown after US sanctions
Serbia's sole refinery faces shutdown after US sanctions
Economy
by  AFP

Serbia's only oil refinery prepared to shut down on Tuesday, as the country's president set a deadline for the firm's Russian majority-owners to sell out and end US sanctions. "It has not been shut down yet, but it is already running at a reduced level compared to normal," Vucic said, weeks after sanctions cut off the refinery's supply of crude oil.