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EU Unlikely To Approve a Ban on Russian Oil As Hungary Continues To Oppose It

HUNGARY
  • The EU is increasingly unlikely to approve a ban on Russian Oil at the next (extraordinary) summit on May 30/31 as Hungary continues to oppose the measure.
  • “Solutions first, sanctions afterwards", said Justice Minister Judit Varga.
  • According to Bloomberg, Foreign Minister Peter Szijjarto has said that 15 billion to 18 billion euros would be needed to revamp his country’s energy security.

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