Tag: energy

Orban compares oil embargo proposal to atomic bomb

Prime minister on Kossuth Radio’s Friday morning programme, Viktor Orban described the EU oil embargo intended to be introduced against Russia as unacceptable, stating that it amounts to an atomic bomb dropped on the Hungarian economy. The prime minister stressed that earlier the leaders of EU Member States had agreed that only such measures could be adopted that duly took account of the different energy … Continue reading Orban compares oil embargo proposal to atomic bomb

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Hungary rejects the oil embargo

Hungary cannot responsibly support the European Commission’s latest package of sanctions against Russia in its current form, the foreign minister has said, arguing that the sanctions would destroy Hungary’s energy security. Speaking from Uzbekistan, Peter Szijjarto said the latest sanctions package would “involve a ban on crude oil shipments from Russia to Europe with a rather short notice, which in Hungary’s case would apply from … Continue reading Hungary rejects the oil embargo

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