Russia’s proposal to cut oil imports exceeds ‘limit’ of sanctions: Hungary


Russia's proposal to cut oil imports exceeds 'limit' of sanctions: Hungary
Russia's proposal to cut oil imports exceeds 'limit' of sanctions: Hungary
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Hungarian Prime Minister Viktor Orban has sharply criticized a proposal by European Commission chief Ursula for Dar Lien to ban fuel oil imports from Russia. He described the proposal as “outrageous” and said it was an “attack” on the unity of the European Union (EU). News AFP
“The head of the European Commission has deliberately or unintentionally attacked the unity of European countries,” Victor Urban told Hungarian state radio on Friday. We made it clear from the outset that this (prohibition) has a limit. They have exceeded this limit. ‘

The United States, the European Union and its allies have imposed sanctions on Moscow over Russia’s attack on Ukraine. Following this, European Commission President Ursula von der Leyen proposed to EU countries on Wednesday to impose more sanctions on Russia. The proposal calls for sanctions against Russia’s oil, banking, broadcast media and 58 people involved in the Ukraine war.

According to the sanctions proposal, the European Union will reduce Russia’s dependence on oil. According to the head of the European Commission, crude oil imports from Russia will be phased out in the next six months. The import of refined oil will be stopped by the end of 2022.

According to the Hungarian government, 85 percent of the country’s fuel oil is imported from Russia. Natural gas imports from Russia account for 75 percent of the demand. The Hungarian prime minister said the embargo would cause “nuclear bomb” damage to the Hungarian economy.

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