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Serbia extends export curbs on crude oil and petroleum products until 31 July

The Serbian Government has extended temporary restrictions on the export of crude oil and petroleum products, prolonging the measure until 31 July. The decision was adopted at the latest government session and replaces an earlier deadline of 2 July. Export controls remain in place for an additional month.

Rationale cited for extending export restrictions

Authorities said the extension is linked to ongoing uncertainty in global energy markets and the need to safeguard domestic fuel availability. They cited disruptions in international oil supply chains and market volatility as risks that could affect the stability of petroleum product supplies.

Domestic supply and shortage risk management

The Government stated that the restrictions are intended to secure adequate fuel stocks for the domestic market. It also aims to reduce the risk of shortages for households, industry, and transport amid elevated price levels and supply fluctuations.

Export limits tied to internal market stability

By keeping export limitations in place, policymakers aim to reinforce energy security and stabilize internal supply conditions. The measure is set to continue until international market dynamics become more predictable.

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