economy

Serbian Government Extends Ban on Oil and Oil Derivative Exports

The Serbian Government has extended the ban on the export of oil and oil derivatives until May 2.

Serbian Government Extends Ban on Oil and Oil Derivative Exports

TL;DR

  • Serbia has extended its ban on exporting oil and oil derivatives.
  • The ban is in effect until May 2.
  • The purpose of the ban is to prevent critical shortages in the domestic market.
  • Global events are cited as a reason for the decision, affecting supply and reducing availability.