11 Dec 2022
The EU has stopped buying Russian seaborne crude oil as it seeks to deprive Moscow of a key revenue source fueling its war in Ukraine. The move will hurt Russia but not as much as the bloc would have liked.
22 May 2022
Hungary's government is "holding European Union decision makers hostage" by refusing to join an EU-wide embargo on Russian oil, according to Lithuania's foreign minister. This comes as EU leaders continue their efforts to gather support for a sixth sanctions package on Russia from all 27 EU member states. The government of PM Viktor Orban has claimed that an import ban on Russian oil would ruin the Hungarian economy. Lithuania's Foreign Minister Gabrielius Landsbergis tells FRANCE 24 that "Europe is weaker" as a result, and that he is "still hoping Budapest will be responsible in their decisions".
7 May 2022
As EU member states push for a Russian oil embargo, Germany's PCK Schwedt refinery is facing an uncertain future. It runs wholly on Russian imports, and many locals aren't so sure alternatives can be found in time.
5 May 2022
Hungarian Prime Minister Viktor Orban and Brussels are at odds again. Hungary refuses to support the planned oil embargo against Russia. But now even former allies such as Poland are turning their backs.