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Hungary presses Russia not to hike energy prices amid Iran turmoil

Hungary seeks Russian guarantees to keep oil and gas prices steady despite supply disruptions and a global energy price surge linked to Middle East conflicts.

  • On Wednesday, Péter Szijjártó traveled to Moscow to ask Russia for guarantees it will not charge Budapest more for oil and gas, meeting President Vladimir Putin in the Kremlin.
  • Facing EU pressure, Hungary seeks guarantees from Russia that oil and gas supplies will continue at unchanged prices amid global price jumps and pipeline damage.
  • The Druzhba pipeline was closed after damage Ukraine says resulted from a Russian strike, while Hungary, Slovakia, and Kremlin spokesman Dmitry Peskov accuse Kyiv of delaying repairs and blocking deliveries.
  • Péter Szijjártó said he was seeking assurances that 'the crude oil and natural gas necessary for Hungary's energy supply will continue to be available to us', amid halted Druzhba pipeline flows.
  • Tensions are deepening as Hungary's continued large Russian fuel imports and EU sanctions exemptions set it apart, with Kyiv and the Kremlin blaming each other, and Peskov describing buyers as 'facing blackmail'.
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Hungarian Foreign Minister Peter Szijjarto is in Moscow today. He announced that one of his tasks is to ensure that Russia will continue to supply Hungary with the necessary quantities of oil and natural gas at unchanged prices, despite the changed geopolitical circumstances and disruptions in global energy supplies due to the war with Iran.

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Center

Hungary presses Russia not to hike energy prices amid Iran turmoil

Hungary wants guarantees from Russia that it will not charge Budapest more for oil and gas, despite global prices jumping due to conflict in the Middle East, Hungary's foreign minister said Wednesday.

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Star Local broke the news in on Wednesday, March 4, 2026.
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