TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

Hungary defies EU, continues oil and gas trade with Russia, “Hungary will not pay price for geopolitical conflicts”

Jyotirmay Kaushal by Jyotirmay Kaushal
June 21, 2025
in Geopolitics
Hungary defies EU, continues oil and gas trade with Russia, “Hungary will not pay price for geopolitical conflicts”
Share on FacebookShare on X

In a move that underscores persistent divisions within the European Union over energy policy, Hungary’s Foreign Minister Péter Szijjártó has reaffirmed the country’s commitment to continue importing Russian oil and gas, despite ongoing EU efforts to curb the bloc’s reliance on Moscow.

Speaking at a press conference in Budapest, Szijjártó emphasized that energy security remains a top national priority, and that current infrastructure and long-standing agreements with Russia make the continued flow of oil and gas essential for Hungary’s economy and citizens.

Also Read

Orban Warns Ukraine’s EU Membership Could Drag Bloc into War

Fico and Orban join up to take on EU over Ukraine

Hungary and Orban checkmate EU’s anti-Trump moves

“We will not allow Hungarian families and companies to pay the price for geopolitical conflicts,” Szijjártó stated. “Energy is not an ideological issue; it is a matter of national interest.”

The announcement comes amid growing tension within the EU, as Brussels intensifies its push to isolate Russia economically in response to its ongoing military actions in Ukraine. Since the conflict escalated in 2022, the EU has introduced multiple sanctions targeting Russian energy exports.

However, several member states — particularly those with landlocked geography and heavy dependence on Russian pipelines — have sought exemptions or have quietly continued imports.

Hungary, a member of both the EU and NATO, has been one of the most vocal critics of Brussels’ approach to energy sanctions. Prime Minister Viktor Orbán’s government argues that the EU’s strategy disproportionately harms Central and Eastern European nations while failing to stop the war or significantly weaken Russia’s energy revenues.

Despite the European Commission’s efforts to diversify energy sources and increase imports from alternative suppliers such as Norway, Azerbaijan, and the U.S., analysts say full independence from Russian fossil fuels remains a medium- to long-term goal for many nations.

According to data from Hungary’s national energy company MVM, over 80% of the country’s gas and nearly two-thirds of its crude oil still come from Russia, mostly via the Druzhba pipeline and long-term contracts with Gazprom and Rosneft.

Critics of Hungary’s stance argue that continued purchases of Russian energy undermine EU unity and indirectly fund Moscow’s war efforts. However, the Orbán administration maintains that the EU should not jeopardize energy affordability and economic stability in pursuit of political goals.

As winter approaches and energy demand rise, the divide within the EU over energy security versus geopolitical solidarity is likely to deepen — with Hungary standing firm in its pragmatic, if controversial, position.

 

 

Tags: Hungary
ShareTweetSend
Jyotirmay Kaushal

Jyotirmay Kaushal

Dreaming of a reality that is a dream. A scribbler in the current incarnation with an avid interest in global affairs.

Also Read

India Likely to Reject F-35, Su-57E Offers; Eyes Two-Seat Stealth Fighter Based on FGFA

Why India may Reject F-35A and Su-57E in Favor of this 5th Generation Two-Seat Stealth Fighters?

July 11, 2025
rump to African Nations: Let’s Build Win-Win Trade Partnerships

Trump Eyes African Resources in White House Meet with Five West African leaders as China, Russia Expand Influence on the Continent

July 11, 2025
Russia Warns of Nuclear Tsunami: Will USA Become “Stalin Strait”?

Russia Warns of Nuclear Tsunami: Will USA Become “Stalin Strait”?

July 11, 2025
‘Putin is throwing bullsh*t at us’: Trump, as he approves $300 million in weapons for Ukraine, including Patriot missiles

‘Putin is throwing bullsh*t at us’: Trump, as he approves $300 million in weapons for Ukraine, including Patriot missiles

July 11, 2025
Iran destroys US communication centre Radome in Qatar: Satellite Imagery reveals direct strike

Iran destroys US communication centre Radome in Qatar: Satellite Imagery reveals direct strike

July 11, 2025
Elon Musk’s “SpaceX” Bargaining Chip Against Trump (Picture Credits: The Economist)

Trump and Musk Can’t Succeed Without Each Other!

July 11, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.