Tue, 21-Oct-2025

Hungary’s Orban calls EU’s oil embargo

Hungarian Prime Minister Viktor Orban warned Friday that the European Commission’s planned oil embargo against Russia is a “nuclear bomb” for Hungary’s economy. If accepted, the embargo will abolish utility pricing controls, and fuel costs might reach 700 to 800 forints (1.94-2.22 USD) per litre, according to Orban, who spoke to local public radio MR1. … Read more