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As the European Union tries to impose sanctions on Russian oil over the war in Ukraine, Hungary has emerged as one of the biggest obstacles to unanimous support needed from the bloc's 27 member ...
An aide to Hungary's prime minister on Friday accused Ukraine of blackmailing Hungary and Slovakia by halting oil deliveries after the countries stopped receiving oil from Russian group Lukoil.
Hungary has asked the United States to exempt Russia's Gazprombank from sanctions when it comes to payments for natural gas as those sanctions could negatively affect some U.S. allies, Hungary's ...
The Ukrainian sanctions and blockage of oil transport immediately prompted both Hungary and Slovakia to appeal to the European Union, claiming that Ukraine was violating its European Union Association Agreement and jeopardizing its energy security, which could cause a national energy crisis and an economic crisis in both states.
BUDAPEST (Reuters) -Hungary's foreign minister said on Saturday the European Commission's decision not to mediate in a dispute over a blockage of oil supplies from Russia via Ukraine into his ...
Orbán, speaking at a meeting of the Hungarian governing party Fidesz in Balatonalmádi in September 2022, identified EU sanctions and restrictive measures against Russia as major causes for the ongoing inflation surge and 'global economic war', and called for the lifting of EU sanctions by the end of the year. [43]
The U.S. imposed new sanctions on Russia's Gazprombank on Nov. 21, creating an obstacle for European buyers of ... Hungary and Slovakia are seeking ways to make payments for Russian gas that were ...
Hungary is putting European security at risk, European Commission President Ursula von der Leyen said on Wednesday in an unusually blunt speech blasting Budapest’s relationship with Russia and ...