Hungary threatens to block EU loan to Ukraine unless Russian oil shipments resume

Hungary has issued a warning to veto a European Union financial aid package for Ukraine, valued at about 90 billion euros or approximately $106 billion, unless the flow of oil through the Druzhba pipeline is reinstated.

In a statement on Friday, Hungarian Foreign Minister Péter Szijjártó announced on the platform X that Hungary would resist the EU’s financial proposal until the Russian-affiliated Druzhba pipeline resumes its oil shipments.

Szijjártó accused Ukraine of leveraging its position by stopping oil transit in collaboration with Brussels and the Hungarian opposition, aiming to disrupt Hungary’s supply chain and drive up fuel costs ahead of elections.

He also argued that this interruption in oil flow contravenes the EU-Ukraine Association Agreement and undermines Kyiv’s obligations to the European Union.

Hungarian foreign minister addresses an audience at an international energy conference in Moscow.

During a session of Russian Energy Week in Moscow on October 15, 2025, Hungary’s Foreign Minister Péter Szijjártó addressed these issues. (Source: Ramil Sitdikov/Reuters)

The Druzhba pipeline has historically been a vital channel for transporting Russian oil to Central European nations, including Hungary. This is despite the broader EU initiative to reduce dependency on Russian energy resources following Russia’s extensive invasion of Ukraine in 2022.

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

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.

Industrial refinery complex with storage tanks and processing towers near Szazhalombatta, south of Budapest.

A general view of Hungarian oil company MOL’s Duna Refinery near Szazhalombatta, about 30 kilometers south of Budapest, on May 5, 2022. (Attila Kisbenedek/AFP via Getty Images)

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

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.

Ukraine’s 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.”

Section of the Druzhba oil pipeline running through an industrial facility in Szazhalombatta, Hungary.

The Druzhba oil pipeline between Hungary and Russia at the MOL Group’s Danube Refinery in Szazhalombatta, Hungary, on May 18, 2022. (Bernadett Szabo/Reuters)

“Ukraine is in constant contact with representatives of the European Commission regarding the damage to Ukrainian energy infrastructure 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.”

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.”

You May Also Like
Steve Hilton blames Gavin Newsom for California’s economic struggles

Steve Hilton Criticizes Gavin Newsom for California’s Economic Challenges

Steve Hilton, the front-running Republican contender for the California governor’s seat, has…
Gunmaker lawsuit after Auburn grad’s death faces major obstacle, attorney warns

Legal Hurdle Threatens Lawsuit Against Gunmaker in Auburn Graduate’s Tragic Death, Attorney Advises

Trial attorney Paul Calli on Auburn grad shooting lawsuit According to attorney…
Four people shot, killed in North Hills

Tragic Shooting in North Hills Claims Four Lives

A tragic late-night shooting in North Hills has resulted in the deaths…
Minneapolis police chief resigns after interfering with investigation into his conduct, mayor says

Minneapolis Police Chief Steps Down Amid Controversy: Mayor Reveals Investigation Interference

Minneapolis Police Chief Brian O’Hara, brought in to implement reforms following the…
Utah toddlers kidnapped by broke dad found 800 miles away in Mexico after mom's desperate plea

Miraculous Rescue: Utah Toddlers Found 800 Miles Away in Mexico After Mom’s Heartfelt Plea

Authorities have successfully located two young brothers who were allegedly abducted by…
Illinois official charged after allegedly submitting dead mother’s mail-in ballot

Illinois Official Faces Charges for Allegedly Submitting Mail-In Ballot of Deceased Mother

Sylvia Sims Bolton, the alderperson for Waukegan’s 1st Ward, finds herself facing…
South Carolina Senate rejects Trump's call to redraw congressional map

South Carolina Senate Declines Trump’s Proposal to Redraft Congressional Map

As early in-person voting kicked off on Tuesday for South Carolina’s primaries,…
US launches new strikes in Iran targeting military site that posed threat to troops, commercial shipping : report

U.S. Strikes Hit Iranian Military Site to Safeguard Troops and Commercial Shipping: Report

In a significant development, the U.S. military executed fresh airstrikes in Iran…
White House commemorates 'true patriot' Harambe on what would have been gorilla's 27th birthday in bizarre post: 'Rest easy'

White House Honors Harambe as a ‘True Patriot’ on Gorilla’s 27th Birthday with Unusual Tribute

Harambe, the gorilla whose untimely death sparked widespread online tributes, would have…
Minneapolis police chief resigns after interfering with investigation, mayor says

Shocking Resignation: Minneapolis Police Chief Steps Down Amid Investigation Interference Allegations

Minneapolis Police Chief Brian O’Hara has stepped down following revelations of his…
Spencer Pratt torches Mayor Karen Bass for axing street repair programs as potholes plague Los Angeles

Spencer Pratt Criticizes Mayor Karen Bass for Halting Street Repair Initiatives Amid Los Angeles’ Pothole Crisis

Spencer Pratt has sharply criticized Mayor Karen Bass over the escalating pothole…
Judge Yashiba Blanchard allegedly postponed hearings to walk dogs

Judge Yashiba Blanchard Accused of Delaying Court Sessions for Dog Walks

A judge in Alabama has been suspended following accusations of making racially…