EconomyLens.com
No Result
View All Result
Wednesday, April 15, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Hungary presses Russia not to hike energy prices amid Iran turmoil

Natalie Fisher by Natalie Fisher
March 4, 2026
in Economy
Reading Time: 4 mins read
A A
0
26
SHARES
325
VIEWS
Share on FacebookShare on Twitter

Szijjarto said he would seek assurances from Moscow. ©AFP

Moscow (AFP) – Hungary wants guarantees from Russia that it will not charge Budapest more for oil and gas, as global prices jump due to conflict in the Middle East, Hungary’s foreign minister said Wednesday. On a visit to Moscow, Peter Szijjarto also called for Russia to release ethnic Hungarian prisoners of war captured by Russia on the battlefield while fighting for Ukraine. Szijjarto is expected to make the requests to Russian President Vladimir Putin during a meeting in the Kremlin later.

Related

Mexican farmers raise alarm over Sheinbaum’s fracking proposal

US announces new sanctions against Iran oil sector

World Bank chief economist warns of hunger risk from war in Iran

IMF and Argentina agree deal unlocking $1 bn in assistance

Trump says will fire Fed chair if he stays beyond mandate

“This is why I am here in Moscow — to make sure that, even in times of crisis, the crude oil and natural gas necessary for Hungary’s energy supply will continue to be available to us,” Szijjarto said on Facebook. “I am also here to obtain guarantees that, despite the changed circumstances and the global energy crisis, Russia will continue to deliver the necessary quantities of oil and gas for Hungary at unchanged prices,” he added.

Hungary is the European Union’s biggest importer of Russian fossil fuels, having maintained purchases and secured exemptions from sanctions despite pressure from Brussels amid the Russian offensive on Ukraine. Energy prices have surged since the United States and Israel attacked Iran on Saturday, including the benchmark price of Russian crude. Budapest was already facing disruption from the closure of the Druzhba pipeline, which transports Russian oil to Hungary and which Ukraine says was damaged in a Russian strike in January.

Kyiv says the threat of another attack is holding up repairs. Hungary and Slovakia — which also buys Russian crude — accuse Kyiv of deliberately stalling its reopening. Kremlin spokesman Dmitry Peskov said buyers of Russian oil were “facing blackmail” and accused Kyiv of “the deliberate blocking of deliveries through the Druzhba pipeline”.

Szijjarto is also seeking the release of at least two ethnic Hungarian prisoners of war, whom Russia has captured on the battlefield. “We would like the Hungarians who ended up in Russian captivity to be able to return home,” he said. Ukraine is home to a large Hungarian minority, most of whom live in the western Zakarpattia region and hold dual citizenship.

© 2024 AFP

Tags: energyRussiaUkraine
Share10Tweet7Share2Pin2Send
Previous Post

EU seeks to stem industrial decline with ‘Made in Europe’ push

Next Post

New flights evacuate travellers stranded by Middle East war

Natalie Fisher

Natalie Fisher

Related Posts

Economy

World Bank announces water security plan covering one billion people

April 15, 2026
Economy

IMF chief warns of ‘tough times’ if oil prices stay high

April 15, 2026
Economy

Bosnia approves gas project by Trump-linked investors

April 15, 2026
Economy

Starmer says ‘won’t yield’ to Trump’s Mideast war threats

April 15, 2026
Economy

EU rejects Meta’s pay-for-access remedy in WhatsApp AI chatbots probe

April 15, 2026
Economy

Chinese suppliers, Mideast importers fret about war fallout on trade

April 15, 2026
Next Post

New flights evacuate travellers stranded by Middle East war

EU seeks to stem industrial decline with 'Made in Europe' push

Stocks firm, oil steadies after sell-off on Middle East turmoil

Ivory Coast cuts cocoa producer price by nearly 60 percent: govt

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Fuel supply fears after blaze tears through crucial Australian refinery

April 15, 2026

Tokyo record leads Asia stocks higher as Iran peace hopes grow

April 15, 2026

Luxury giant Kering to chart path for Gucci turnaround

April 15, 2026

Mexican farmers raise alarm over Sheinbaum’s fracking proposal

April 15, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.