5/16, 1:37 PM (Source: TeleTrader)
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Hungary: Supporting coal sanctions didn't mean oil as well

Hungarian Foreign Minister Peter Szijjarto told reporters on Monday that although the country has previously supported the coal sanctions at the "explicit request of Poland" that did not mean that it would automatically support a complete energy ban on Russia. He reiterated that such sanctions are a red line for Hungary.

The foreign minister stated that Hungary can live with the current EU sanctions package "if [Russian oil shipments via pipeline] are exempted." Earlier, EU officials shared that due to the strong stance of certain countries the bloc is having difficulties coming to a unanimous decision on the oil embargo.

Baha Breaking News (BBN) / AY