
Hungary's Foreign Ministry Defends Continued Energy Ties with Russia, Challenging EU Pressure
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Hungary to Block €90B EU Loan to Ukraine Until Russian Oil Flows Resume
Hungary will withhold approval of a €90 billion EU recovery package for Ukraine until shipments of Russian oil through Hungary recommence. The move follows damage to the Druzhba pipeline that Kyiv says resulted from a Russian strike, and Budapest has already asked neighbouring states to help reroute supplies to avoid a domestic energy shortfall.

Hungary’s Russian crude buys lift MOL profits while consumers pay more, CSD says
An independent CSD analysis finds Hungary’s continued imports of discounted Russian crude boosted MOL’s operating income while retail fuel prices stayed higher than regional peers. A recent strike-damage to the Druzhba pipeline and Budapest’s request to reroute flows via the Adriatic underscore how the political decision to keep buying Russian oil has immediate supply and diplomatic consequences.



