{"id":121896,"date":"2026-02-22T08:15:12","date_gmt":"2026-02-22T13:15:12","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/hungary-threatens-to-block-eu-loan-to-ukraine-unless-russian-oil-shipments-resume-121896"},"modified":"2026-02-22T08:15:12","modified_gmt":"2026-02-22T13:15:12","slug":"hungary-threatens-to-block-eu-loan-to-ukraine-unless-russian-oil-shipments-resume","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/hungary-threatens-to-block-eu-loan-to-ukraine-unless-russian-oil-shipments-resume-121896","title":{"rendered":"Hungary threatens to block EU loan to Ukraine unless Russian oil shipments resume"},"content":{"rendered":"
\n

Hungary is threatening to block a proposed 90 billion-euro European Union loan<\/a> to Ukraine \u2014 worth roughly $106 billion \u2014 unless oil shipments through the Druzhba pipeline are restored.<\/p>\n

Hungarian Foreign Minister P\u00e9ter Szijj\u00e1rt\u00f3 wrote Friday on X that Hungary would oppose the EU funding package until oil transit via the Russian-linked Druzhba pipeline resumes.<\/p>\n

“Ukraine is blackmailing Hungary by halting oil transit in coordination with Brussels and the Hungarian opposition to create supply disruptions in Hungary and push fuel prices higher before the elections,” Szijj\u00e1rt\u00f3 said.\u00a0<\/p>\n

He further claimed that blocking oil transit violates the EU-Ukraine Association Agreement<\/a> and breaches Kyiv\u2019s commitments to the European Union.<\/p>\n

\u2018ONLY TRUMP CAN STOP RUSSIA\u2019: MILLIONS FACE FREEZING WINTER, UKRAINE ENERGY EXECUTIVE WARNS<\/strong><\/a><\/p>\n

The Druzhba pipeline has long been a key route for Russian oil deliveries<\/a> to parts of Central Europe, including Hungary, even as much of the EU has moved to curb reliance on Russian energy following Moscow\u2019s 2022 full-scale invasion of Ukraine.<\/p>\n

The European Commission in January adopted a legislative package to implement a previously agreed 90 billion-euro loan to Ukraine<\/a> for 2026 and 2027, aimed at supporting the country\u2019s budgetary and military needs, according to a press release.<\/p>\n

The financial commitment, known as the “Ukraine Support Loan,” would be structured as a limited recourse loan, with roughly 60 billion euros allocated for military assistance and 30 billion designated for general budget support.<\/p>\n

RUSSIA LAUNCHES RECORD MISSILE BARRAGE AGAINST UKRAINE ONE DAY BEFORE PEACE TALKS SET TO RESUME IN ABU DHABI<\/strong><\/a><\/p>\n

The Commission said the funding is intended to help Ukraine maintain essential state functions, bolster its defense capabilities<\/a> and strengthen resilience as the war with Russia continues.<\/p>\n

The loan would be financed through common EU borrowing on capital markets and guaranteed by the EU budget. The Commission also noted that the EU reserves the right to use immobilized Russian assets within the bloc, in accordance with EU and international law, to repay the loan.<\/p>\n

Ukraine\u2019s Ministry of Foreign Affairs on Saturday rejected what it called “ultimatums and blackmail” from the governments of Hungary and Slovakia over energy supplies, accusing both countries of taking actions that are “provocative, irresponsible, and threaten the energy security of the entire region<\/a>.”<\/p>\n

“Ukraine is in constant contact with representatives of the European Commission regarding the damage to Ukrainian energy infrastructure<\/a> caused by daily Russian strikes. We have also provided information about the consequences of these Russian attacks on the Druzhba oil pipeline infrastructure to the governments of Hungary and Slovakia,” the ministry said in a statement. “Security and stabilization repair work continues amid daily threats of new missile attacks. Ukraine has also proposed alternative ways to resolve the issue of supplying non-Russian oil to these countries.”<\/p>\n

It added that Ukraine remains a “reliable energy partner” to the European Union and argued that “ultimatums should be sent to the Kremlin, and certainly not to Kyiv.”<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/world\/hungary-threatens-block-eu-loan-ukraine-unless-russian-oil-shipments-resume <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hungary is threatening to block a proposed 90 billion-euro European Union loan to Ukraine \u2014 worth roughly $106 billion \u2014 unless oil shipments through the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-121896","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nHungary threatens to block EU loan to Ukraine unless Russian oil shipments resume - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/hungary-threatens-to-block-eu-loan-to-ukraine-unless-russian-oil-shipments-resume-121896\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hungary threatens to block EU loan to Ukraine unless Russian oil shipments resume - 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