Hungary will gradually stop sending natural gas to Ukraine until crude oil flows on the Druzhba pipeline resume, Prime Minister Viktor Orban said, escalating an energy standoff with Kyiv. The move raises regional energy security risks and could tighten gas and oil supply dynamics in Central/Eastern Europe, increasing geopolitical risk premia and potential upward pressure on nearby energy prices.
Hungary will gradually stop sending natural gas to Ukraine until crude oil flows on the Druzhba pipeline resume, Prime Minister Viktor Orban said, escalating an energy standoff with Kyiv. The move raises regional energy security risks and could tighten gas and oil supply dynamics in Central/Eastern Europe, increasing geopolitical risk premia and potential upward pressure on nearby energy prices.
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