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Hungary Threatens to Block EU Funds Over Ukraine's Lukoil Transit Ban

Hungary demands the EU mediate a solution after Ukraine halts Russian oil transit, affecting energy security in Hungary and Slovakia.

  • Hungary will block €6.5 billion in EU refunds for arms transfers to Ukraine unless the transit ban is lifted.
  • Ukraine's ban on Lukoil transit has disrupted oil supplies to Hungary and Slovakia.
  • The European Commission has convened a meeting to address the issue, with potential legal action looming.
  • Hungary's reliance on Russian oil contrasts with the EU's broader shift away from Russian energy.
  • Ukraine maintains that its sanctions on Lukoil are justified and do not endanger overall oil flow.
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