Government of Serbia extends ban on export of these products!

Photo collage: Shutterstock, Nikola Tomic

The Government of Serbia has extended the ban on export of oil and oil derivatives until July 2.

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The Government of Serbia announced that at today's extraordinary session, it adopted the amended decision on a temporary ban on the export of oil and oil derivatives, which extends the temporary ban on the export of oil and oil derivatives until July 2, 2026.

"This decision was made taking into account that global events continue to significantly affect the supply of oil and oil derivatives, as well as the reduced offer," the government said in a statement.

At another extraordinary session held on March 9, the Government of Serbia adopted a decision banning the export of oil and all oil derivatives used to power engines, which was valid until March 19. Afterwards this deadline was extended to protect the domestic market from shortages and price surges caused by global disruptions.

(Telegraf Biznis/Tanjug)