Energy Security

Hungary takes on war risks to secure stable Russian oil supplies via Ukraine

Hungary's MOL becomes first European company to follow Ukraine’s recommendation to start buying Russian crude on Ukraine’s eastern borders, relieving the country from direct transit deals with Russian suppliers

A Ukrainian officer stands near a firing howitzer in the Donetsk region of Ukraine in March 2024.
A Ukrainian officer stands near a firing howitzer in the Donetsk region of Ukraine in March 2024.Photo: AP/SCANPIX
European Correspondent
Published 10 September 2024, 09:30Updated 25 September 2024, 14:03
HungaryRussiaUkraine CrisisMOLDruzhba pipeline