Hungary threatens to block EU loan to Ukraine unless Russian oil shipments resume
Hungary is threatening to block a 90 billion-euro EU support loan for Ukraine unless oil transit through the Russian-linked Druzhba pipeline is restor...
Last updated: 2026-02-22 13:38:44 ET
Pulse AI Brief
Updated Feb 22, 2026 12:00 PM ET
Hungary is threatening to block a €90 billion EU support loan to Ukraine unless Russian oil shipments through Hungary resume. This stance could complicate EU's financial assistance to Ukraine amid ongoing geopolitical tensions.
The threat could destabilize financial markets in Eastern Europe and impact energy markets, particularly if it leads to disruptions in oil supply agreements.
This development highlights the geopolitical leverage of energy resources and the complexities of EU internal politics in addressing the Ukraine crisis.
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