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

Hungary Political Shift: Viktor Orbán Out, Péter Magyar Set to Lead—Will Policy Towards Russia and Ukraine Really Change?

Orbán Loses Power After 16 Years: Hungary Faces Major Shift Toward EU Alignment Under Peter Magyar

Ukraine running out of Money? Hungary Blocks €90 Billion EU Loan to Kyiv 

“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

Iran Ready to Transfer Nuclear Material to Russia — But Is the US Ready for This Move?

Iran Ready to Transfer Nuclear Material to Russia — But Is US Ready for This Move?

May 19, 2026
Russia Pierces U.S. Naval Blockade of Iran: How Moscow’s Caspian Route Is Keeping Tehran Afloat

Russia Pierces U.S. Naval Blockade of Iran: How Moscow’s Caspian Route Keeping Tehran Afloat

May 18, 2026
Final Showdown? Iran WAR Warning "Gulf of Oman Will Become Graveyard for US Ships" in response, Trump shared a map attacking Iran from all sides

Final Showdown? Iran WAR Warning “Gulf of Oman Will Become Graveyard for US Ships” in response, Trump shared a map attacking Iran from all sides

May 18, 2026
Trump Signals Conditional 20-Year Freeze on Iran Enrichment as U.S. Military Options Remain on Table

Trump hints at Iran “Nuclear compromise” Now 20-year enrichment pause acceptable to U.S. with strict enforcement

May 16, 2026
Russia Backs India as Potential Mediator in Iran–US Conflict Amid Rising West Asia Tensions

Russia suggests India be a potential mediator in Iran–US conflict, citing New Delhi’s diplomatic credibility and BRICS leadership role

May 15, 2026
China’s Clever Diplomatic Move Allowed Sanctioned Marco Rubio to Join Trump’s Beijing Visit

Sanctioned by China, welcomed in Beijing: The Rubio Mystery Explained

May 15, 2026
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

©2026 - 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

©2026 - 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.