Economy Politics

President says Serbia can afford alternatives to Russian fuel

The Balkan country is heavily dependent on Russian oil and gas, which have been disrupted following the Ukraine war and the imposition of sanctions on Moscow by the European Union, which Serbia is seeking to join.
Vuciv said Serbia was seeking fuel supplies wherever it could.
“We have to pay the price of the war on European soil,” he said, but added the people would not suffer as the nation’s financial system could cope. “We will be taking Iraq (oil), … I will try to speak with Venezuela as well. We would take from wherever. We are not squeamish,” Vucic said.



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