Russia and Hungary working to resume oil supplies – media ...News

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Russia and Hungary working to resume oil supplies – media
source : Russia Today ( News ) () 27
Ukraine recently banned the transit of Russian crude through its territory Moscow and Budapest are trying to resume supplies of Russian oil to Hungary after transit was blocked via the territory of Ukraine, the TASS news agency has reported, citing Hungarian Foreign Minister Peter Szijjarto. In June, Kiev toughened sanctions on Russian oil major Lukoil by banning it from using Ukraine as a transit country for energy supplies. Lukoil clinched a five-year deal for exporting around four million tons of oil a year with Hungarian energy firm Mol back in 2019. The companies are working on an effective solution to the tr

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