Hungary to Block EU Loan to Ukraine Over Russian Oil Shipments

Hungary has announced its decision to block the release of a €90 billion loan to Ukraine, which was agreed upon by the European Union. Bloomberg posted on X that Foreign Minister Peter Szijjarto stated the move is contingent on the resumption of Russian oil shipments through Hungary. The decision underscores the complex geopolitical dynamics at play, as Hungary leverages its position within the EU to influence energy and financial policies. The situation highlights the ongoing tensions and negotiations involving EU member states, Ukraine, and Russia.