Russia Loses Another Lifeline - Joe Blogs

[TexasTowelie]

The United States has ended its sanctions waiver for Serbia’s Russian-owned oil company NIS, cutting off crude supplies through Croatia’s JANAF pipeline.

Serbia’s only refinery at Pančevo — majority-owned by Russia’s Gazprom Neft — supplies around 80% of the nation’s fuel. With shipments through Croatia now halted, Serbia faces a real risk of fuel shortages, and Moscow loses another crucial foothold inside Europe.

In this video, we breaks down the ownership, supply routes, and what this means for Russia’s shrinking oil empire and the tightening noose of Western sanctions.

For specific details please check out the CHAPTER list below.

Chapters:
0:00 Intro
1:21 SERBIA
2:59 NIS REFINERY
3:48 OWNERSHIP
5:07 SANCTIONS
7:43 RUSSIA
9:08 SUMMARY & CONCLUSION

[LetMyPeopleVote]

1. As the price of oil keeps dropping, russia's primary income drops with it.

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