"Foreign Minister Peter Szijjarto said Budapest would not support decisions "important to Kyiv" while oil transit via the Druzhba pipeline remains suspended. "Until Ukraine resumes oil transit to Hungary and Slovakia via the Druzhba pipeline, we will not allow decisions important to Kyiv to move forward," Szijjarto wrote on X. The Druzhba pipeline, a vital route for Russian crude, supplies Hungary and Slovakia, making its operation crucial for regional energy security."
"The dispute has triggered a series of retaliatory announcements: On February 18, Hungary and Slovakia said they would halt diesel exports to Ukraine. Hungary subsequently blocked a proposed €90bn EU financial support package for Kyiv. Slovak Prime Minister Robert Fico said Slovakia could suspend electricity exports to Ukraine if oil transit is not restored. Hungary and Slovakia together accounted for more than half of Ukraine's electricity imports in January, as the country grapples with an energy crisis caused by repeated Russian attacks."
Hungary is withholding support for the EU's next sanctions package against Russia until oil deliveries via the Druzhba pipeline to Hungary and Slovakia through Ukraine resume. The Druzhba pipeline, a key route for Russian crude, has been halted since late January following Russian strikes on Ukrainian energy infrastructure. Ukraine is working to restore transit amid criticism from Slovakia. The dispute prompted Hungary and Slovakia to halt diesel exports to Ukraine and led Hungary to block a proposed €90bn EU financial support package for Kyiv. Slovakia warned it could suspend electricity exports if oil transit is not restored. EU sanctions require unanimous approval.
Read at London Business News | Londonlovesbusiness.com
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