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.