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Hungary and Russia Work to Resume Oil Supplies Amid Ukraine Legal Issues, Potential Zakarpattia Annexation

Jul 17, 2024, 09:54 AM

Hungary and Russia are collaborating to resume oil supplies after deliveries were halted due to alleged legal issues in Ukraine. Hungary's top diplomat confirmed the suspension of oil flows, which were disrupted by Ukraine's new legal situation, affecting Lukoil's ability to deliver oil. Hungary, which received an exemption from EU sanctions on Russian oil, is working with Lukoil and Mol to find a solution. Ukraine intentionally cut off Hungary's supply, raising concerns about Hungary potentially annexing the West Ukrainian Zakarpattia region.