Budapest said that an embargo on Russian oil would be akin to nuking its economy Hungarian Foreign Minister Peter Szijjarto has said that the EU had failed to find a way to mitigate the damage from a proposed ban on oil supplies from Russia as part of sanctions over its military campaign in Ukraine. “Brussels has no proposal for a solution ... which could handle the atomic bomb-like impacts of this potential oil embargo against Russia on Hungary’s economy,” Szijjarto said on Wednesday. Last week, the European Commission proposed to do away with oil imports from Moscow by the end of the year. Budapest rejected the
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