As the war in Ukraine rages, Serbia's president announced that he has secured an “extremely favorable” natural gas deal with Russia during a telephone conversation Sunday with Russian President Vladimir Putin.
Serbian President Aleksandar Vucic has refused to explicitly condemn Russia's invasion of Ukraine and Serbia has not joined Western sanctions against Moscow. Vucic, a former pro-Russian ultranationalist, claims that he wants to take Serbia into the European Union but has spent recent years cementing ties with Russia, a long-time ally.
Serbia is almost entirely dependent on Russian gas and its main energy companies are under Russian majority ownership.
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