Summary
Hungary plans to block a large EU loan to Ukraine unless oil shipments through the Druzhba pipeline resume. The halt in oil flow started after a reported Russian drone attack damaged the pipeline infrastructure. Hungary and Slovakia are currently seeking alternative oil supplies.
Key Facts
- Hungary will block a 90 billion euro EU loan to Ukraine due to halted oil shipments.
- The oil flow stopped after pipeline damage, alleged to be from a Russian drone attack.
- Hungary is using its strategic oil reserves to address the shortage.
- Slovakia and Hungary refineries rely on the Druzhba pipeline for Russian oil.
- Croatia's pipeline operator claims alternative oil transport routes are working without delays.
- Hungary's MOL oil company is receiving non-Russian oil through the JANAF pipeline.
- Slovakia has declared an oil emergency and is releasing its oil reserves.
- Hungary had enough oil reserves to cover 96 days at the end of January.
