US EditionHungary Limits Fuel Prices, Asks EU to Suspend Sanctions on Russian Energy
Orbán vetoed new EU sanctions and blocked a €90 billion loan for Ukraine amid rising energy prices linked to the Middle East conflict, citing political motives and supply disruptions.
- On Monday, Orbán urged the EU to suspend Russian energy sanctions after sending a letter to Ursula von der Leyen, Hungary's leader said.
- Long opposed to cutting Russian energy, Hungary and Slovakia have maintained supplies since February 24, 2022, despite Druzhba pipeline deliveries halting on January 27.
- Blocking EU measures, Hungary detained seven Ukrainian state bank employees and seized two Ukrainian armored cars carrying cash and gold on Thursday.
- Hungary convened an emergency government meeting on Monday to address potential price spikes amid the pipeline dispute, as Orbán urges the EU to suspend Russian energy sanctions.
- Ahead of the April 12 ballot, the Ukrainian government says a Russian drone strike damaged the pipeline, while Orbán accused Zelenskyy of causing an energy crisis to influence the vote.
55 Articles
55 Articles
He sent a letter to Ursula von der Leyen requesting a suspension of sanctions imposed on Russian energy throughout Europe.
Hungarian Prime Minister Viktor Orban on Monday called on the European Union (EU) to halt sanctions on Russian oil and gas in an effort to offset a price spike caused by the war in the Middle East.
Experts have been admonishing for days that the Iran war and the rising oil price could benefit Russia. That's right, at least when it comes to Hungarian Prime Minister Orban. He uses the conflict for a far-reaching demand.
Hungary Caps Fuel Prices Amid Rising Election Pressures and Energy Sanctions
Amid rising global fuel prices and political pressure, Hungarian Prime Minister Viktor Orban caps fuel prices and urges the EU to lift energy sanctions on Russia ahead of elections. Hungary faces challenges with suspended oil imports and internal economic strain as Orban aims to retain power.
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