Hit by sanctions, Serbia's only oil refinery, which supplies much of the country's fuel needs, faces a complete shutdown in a matter of days due to a lack of crude supplies, Serbian President Aleksandar Vucic said Tuesday.
"It has not been shut down yet, but it is already running at a reduced level compared to normal," Vucic said at a press conference in Belgrade.
The president said the Pancevo refinery's operations had scaled back to "warm circulation" and were four days away from a "complete halt." Industry sources told local media that oil production had ceased.
Belgrade-ba
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