Mar 9 • 15:30 UTC 🇱🇻 Latvia TVNET

Orbán calls on the EU to lift sanctions on Russian energy

Hungarian Prime Minister Viktor Orbán has urged the European Union to suspend sanctions on Russia's energy sector amid rising fuel prices ahead of parliamentary elections.

Hungarian Prime Minister Viktor Orbán has called on the European Union to urgently reconsider and lift sanctions against the Russian energy sector, citing rapidly increasing fuel prices as a significant concern. He convened an emergency cabinet meeting to address the rising costs of fossil fuels in Hungary, which have been exacerbated by the ongoing conflicts in the region, including the war in Iran. Orbán's appeal comes just weeks before Hungary's parliamentary elections, where he aims to maintain his long-standing hold on power after 16 years in office.

The surge in oil prices, driven by the conflict in the Middle East, has led to a spike in diesel and gasoline costs within Hungary. In a statement on social media, Orbán highlighted that the blockade of oil from Ukraine, coupled with the unrest in the Middle East, necessitates a re-evaluation of current sanctions. He pointed out that the oil prices have soared above $119 per barrel, approaching levels not seen since mid-2022, placing additional pressure on his government as it navigates an economically challenging landscape ahead of national elections.

Additionally, Hungary's oil supply has faced further challenges, with the Druzhba pipeline from Russia being disrupted since late January due to damage. This interruption, along with soaring prices, presents a complex situation for Orbán as he seeks to balance public sentiment, economic stability, and international relations while campaigning for re-election in the upcoming parliamentary vote. The issue not only affects Hungary's economy but also raises questions regarding the broader EU energy strategy in response to ongoing geopolitical tensions.

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