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Dutch PM Rutte Says Hungary Won't Be Backdoor For Russian Oil

ENERGY SECURITY

Dutch Prime Minister Mark Rutte has told journalists in Brussels that he's satisfied by guarantees put in place in the EU oil embargo that Russian pipeline oil entering Hungary won't flood the single market.

  • Rutte: 'The countries making use of the exemptions for pipeline oil aren’t allowed to export it to other countries.'
  • A short time ago at the EU Council, French President Emmanuel Macron said he hasn't ruled out pursuing a Russia gas ban.
  • Macron: 'We have to keep credibility and this strategic ambiguity is also useful.'
  • Dave Keating of France 24 says: '...privately energy industry insiders & EU sources tell me at this time there is almost no chance of an EU embargo on Russian gas.'
Political Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsPower Bullets
Political Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsPower Bullets

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