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Hungary Limits Fuel Prices, Asks EU to Suspend Sanctions on Russian Energy
Hungary reintroduced fuel price caps to protect consumers amid supply disruptions and urged the EU to suspend sanctions on Russian energy, citing soaring oil prices and pipeline issues.
- Hungary is limiting fuel prices and asking the EU to suspend sanctions on Russian energy as oil prices surge past $119 a barrel.
- Prime Minister Orban's government will cap petrol at $1.75 per litre and diesel at $1.81 per litre for vehicles registered in Hungary.
- Orban stated that "Ukraine's oil blockade and the Middle East war are driving prices up" and called for lifting sanctions on Russian energy.
91 Articles
91 Articles
COMMENT: Hungary’s election gambit risks deepening EU rift over Ukraine
Hungary’s decision to block a €90bn EU loan to Ukraine has exposed deepening tensions between Budapest and Kyiv, as Hungarian Prime Minister Viktor Orban escalates a confrontation that analysts say is increasingly tied to domestic politics.
After 4 years and 20 (I say 20) EU sanctions packages against Russia, since yesterday we are not already at the counter-compañeros!, but the wind is changing.In the middle of the day, the Hungarian premier Viktor Orbán thought about throwing the first pebble in the gear that spins (empty) for years writing on social media that "The Ukrainian oil block and the war in the Middle East are driving oil prices. Europe must act. Today I wrote to Presid…
The Hungarian government will limit the prices of gasoline and diesel at gas stations, starting at midnight local time, Prime Minister Viktor Orban said in Budapest.
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