Russian Oil Supply to Hungary Halted Due to Ukraine Sanctions on Lukoil

Despite the fact that EU pipeline crude imports from Russia are not banned by the embargo, Russia is not delivering crude oil to Hungary at present after Ukraine imposed stricter sanctions on Russian oil giant Lukoil, effectively banning it from using Ukraine as a transit for oil exports. Lukoil was supplying Hungary with crude via the southern leg of the Druzhba oil pipeline which crosses Ukraine. With the toughened sanctions Kyiv imposed on Lukoil in June, Russian oil does not reach Hungary now.   However, Hungary – whose Prime Minister…