tradingkey.logo

Hungary questions EU plans to phase out Russian energy

ReutersOct 15, 2025 7:10 AM

- Hungary's foreign minister warned on Wednesday that Budapest would suffer if it was cut off from Russian gas and said the country would not accept outside pressure when it came to decisions on its own energy supplies.

Hungary has pushed back against plans by the European Commission to phase out the EU's imports of all Russian gas and liquefied natural gas by the end of 2027.

Hungarian Foreign Minister Peter Szijjarto, who is in Moscow to attend the Russian Energy Week forum, told reporters that national interest was paramount for Budapest when it came to securing its own energy supplies.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI