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Event Brief

Hungary's MOL to Buy Serbia's NIS Oil Company

MOL Group has signed a preliminary agreement to acquire a stake in NIS, pending US approval.
WHO: Hungary's MOL Group
WHAT: Acquisition of a 56.15% stake in NIS oil company
WHEN: Jan 19, 2026 at 1:53 PM ET
WHERE: Serbia
WHY: To expand energy operations despite US sanctions
Sources (2): ABC News, Balkan Insight

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