Hungary blocks €90bn EU loan to Ukraine days before war anniversary

Hungary has announced its decision to block a €90 billion European Union loan to Ukraine, citing disruptions in oil supplies as the primary reason. This decision comes in the wake of the Druzhba pipeline, which is essential for transporting Russian crude oil to Hungary and Slovakia, becoming inactive since January 27. The interruption of oil shipments was reportedly caused by a Russian drone attack that damaged the pipeline, according to Ukrainian officials. The situation has escalated tensions between Hungary and Ukraine, with Hungarian Prime Minister Viktor Orbán accusing Ukraine of plotting to disrupt Hungary's energy system (Financial Times, Reuters). Despite Hungary's concerns regarding oil supplies, the European Union has stated that neither Hungary nor Slovakia is at risk of oil shortages. The ongoing dispute over the Druzhba pipeline has intensified the already strained relations between Ukraine and its neighboring countries. Slovakia has also threatened to halt electricity supplies to Ukraine unless the country resumes the transportation of Russian oil, further complicating the situation (Deutsche Welle, BBC). The Druzhba pipeline serves as the primary conduit for Russian crude deliveries to Central Europe, and its closure has significant implications for energy security in the region. The conflict over oil supplies highlights the challenges faced by Hungary and Slovakia as they navigate the impact of the ongoing war in Ukraine on their energy infrastructure (The Hindu, Deutsche Welle). The situation remains fluid, with Hungary seeking to address its energy needs while responding to the disruptions caused by the conflict.