216
submitted 3 months ago by MicroWave@lemmy.world to c/world@lemmy.world

Sky-high prices and electricity shortages could hit Hungarians within “weeks” after Kyiv imposed a partial ban on Russian oil passing through its territory.

Hungary is racing against time to avoid power outages and fuel shortages after Ukraine imposed a partial ban on Russian oil passing through its territory.

Kyiv last month imposed sanctions blocking the transit of pipeline crude sold by Moscow’s largest private oil firm, Lukoil, to Central Europe — partially negating an exemption to sanctions set up by the European Union to give Russian-reliant countries extra time to wean off supplies. 

Ukraine's aim is to throttle a key source of revenue for the Kremlin’s war chest more than two years after its full-scale invasion of the country. 

But the move is sparking fears of supply shortages in Budapest, which relies on Russia for 70 percent of its oil imports — and Lukoil for half that amount.

you are viewing a single comment's thread
view the rest of the comments
[-] riodoro1@lemmy.world 10 points 3 months ago* (last edited 3 months ago)

What the fuck is Ukraine doing letting russia make money through their territory?

Why is Hungary allowed to pay russia for oil?

Weren’t there supposed to be sanctions?

[-] vxx@lemmy.world 12 points 3 months ago* (last edited 3 months ago)

They were given a grace period to ween off of the dependancy. Orban seems to have used that period to double down on Russian oil.

Now that period is over because they've shown they have no interest in getting away from Russian influence.

You don't use all your jokers in the first hand played.

[-] riodoro1@lemmy.world 4 points 3 months ago

Sucks that Ukraine didn’t get a grace period from bombardment of their cities.

[-] realitista@lemm.ee 2 points 3 months ago

Ukraine should fuck Hungary so hard at this point.

this post was submitted on 20 Jul 2024
216 points (98.6% liked)

World News

39004 readers
2608 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS