Hungary, Russian oil and Ukraine
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The Hungarian and Slovakian Foreign Ministers have written to the European Commission calling for EU action to stop Ukraine's continuing attacks on the Druzba oil pipeline on Russian territory. The latest attack hit the Unecha oil pumping station in Russia on Thursday night.
Ukraine has struck the Druzhba pipeline’s Unecha pumping station for the second time in a week, halting Russian crude deliveries to Hungary and Slovakia and triggering renewed tensions over Central Europe’s energy security.
A Ukrainian strike on Russia’s Druzhba pipeline has halted oil supplies to Hungary and Slovakia for at least five days, raising energy security concerns as both nations warn of economic risks from disrupted Russian imports.
The European Union's foreign policy chief says the possibility of Ukraine ceding land to Russia as part of a peace deal to end their three-year war is "a trap" set by Russian President Vladimir Putin.
EADaily, August 22nd, 2025. Budapest and Bratislava demanded that Brussels fulfill its promise and secure energy supplies via the Druzhba oil pipeline. The Ukrainian Armed Forces attacked the Russian oil supply route for the third time recently.
Video. Hungary celebrated its national holiday on Wednesday with a record-breaking fireworks display over the River Danube in Budapest, billed as the largest in Europe.
With prices up 50% since 2020, Hungarian consumer spending has ground to a halt. The government's gamble on an industrial revival led by Chinese battery manufacturers has yet to pay off. This situation is putting pressure on the nationalist prime minister,
Once suppressed under communist rule, the feast of St. Stephen is now the country’s defining civic and religious holiday.
Hungary's central bank is expected to leave its base rate steady at 6.5% for the 11th consecutive month on Tuesday despite a sputtering recovery, as inflation exceeds the bank's 2% to 4% tolerance band even though price growth slowed last month.