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European Union ambassadors agreed a 15th package of sanctions on Russia over its war against Ukraine, targeting its shadow tanker fleet and Chinese firms making drones for Moscow, diplomats said.
Hungary currently holds the presidency and has dragged its feet on sanctions. Hungarian Prime Minister Viktor Orban sparked a storm of criticism for meeting Russian President Vladimir Putin in ...
Following Russia's invasion of Ukraine in 2022, the European Union began reducing its dependence on Russian energy supplies. However, Hungary and Slovakia were granted special exemptions from the EU ban on pipeline-transferred Russian oil, which intended to allow landlocked countries such as the Czech Republic time to seek alternative energy ...
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 ...
Since the 2022 Russian invasion of Ukraine, the European Union, the G7 nations and Australia have imposed sanctions on Russia.The sanctions on oil began in December 2022 and included an embargo of Russian oil, namely, the bringing of crude oil and refined oil products from Russia to the EU and other G7 nations by ship, with a few exceptions.
BRUSSELS (Reuters) -European Union leaders have agreed an embargo on Russian crude oil imports that will take full effect by end-2022, but Hungary and two other landlocked Central European states ...
Hungary, which had recently signed a long-term contract with Russia, had objected to the principle of the price cap, according they were given freedom, without notification to, or consent from, the EU to keep or modify their current contract with Russia. [18] Hungary's contract is for 4.5 bcm per annum and there is a price cap of €150 per ...
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 ...