EU may cut off Russian oil supplies to Hungary and Slovakia via Druzhba pipeline, says Bloomberg

Budapest and Bratislava have so far been reluctant to reduce their reliance on Russian oil and have blocked steps they considered threatening to their energy security.

The measures are planned separately from a new sanctions package presented by the EU on Friday. Those proposed restrictions provide for a ban on Russian liquefied natural gas, initially applying to short-term contracts six months after entering into force and then extending to long-term agreements from 1 January 2027.

As part of the package, the EU has also proposed sanctioning over 100 tankers from Russia’s shadow fleet, which Moscow has used to circumvent Western restrictions on its energy sector imposed since its full-scale invasion of Ukraine in 2022, and introducing additional measures against companies facilitating energy trade, including in third

https://www.msn.com/en-us/money/markets/eu-may-cut-off-russian-oil-supplies-to-hungary-and-slovakia-via-druzhba-pipeline-says-bloomberg/ar-AA1N4vNw?o=7