Hungary has announced it will block a €90 billion EU loan to Ukraine until Kyiv resumes oil shipments via the Druzhba pipeline, citing violations of the EU-Ukraine Association Agreement, Foreign Minister Peter Szijjarto said.
The pipeline, damaged in a January drone attack, halted Russian oil flows to Hungary and Slovakia, which rely on Druzhba for their remaining EU refineries.
To address the shortfall, Hungary plans to release 1.8 million barrels from strategic reserves, though Croatia’s JANAF pipeline operator said deliveries of non-Russian crude to MOL refineries are already ongoing without delays.
MOL, Hungary’s main oil company, has ordered shipments from Saudi Arabia, Norway, Kazakhstan, Libya, and Russia to supply Hungarian and Slovak refineries, while diesel deliveries to Ukraine have been paused, Al-Jazeera has reported.
Slovakia has also declared an oil emergency and plans to release 1.825 million barrels to maintain refinery operations.
