Hungary’s Foreign Minister Peter Szijjarto declared that Hungary will not yield to “blackmail” after Ukraine halted oil flows through the Druzhba pipeline, prompting Hungary to block a €90 billion EU loan for Ukraine until shipments resume. Following a drone attack that damaged the pipeline, Hungary announced plans to tap into strategic reserves to address oil shortages. Despite MOL’s ability to source non-Russian oil via the JANAF pipeline, Slovakia also declared an oil emergency, pledging to release 1.825 million barrels for its refineries.
Want More Context? 🔎
Loading PerspectiveSplit analysis...
