Russia has agreed to extend a contract on gas supplies to Serbia, according to Serbian President Aleksandar Vucic
Russian President Vladimir Putin has agreed to extend a gas supply contract with Serbia amid the worsening global energy crisis due to the war in the Middle East, Serbian President Aleksandar Vucic has announced after his phone call with Putin on Monday.
The US-Israeli war on Iran has sent global gas and oil prices skyrocketing as shipments through the Strait of Hormuz, a critical maritime chokepoint, have dwindled.
Serbia, which has historically maintained close ties with Russia, has consistently resisted EU pressure to join sanctions or to cut energy ties with Moscow over the Ukraine conflict.
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