Regarding Hungary’s decision to block the twentieth sanctions package and an EU loan intended for Ukraine, PM Orban said Hungary is merely exercising its rights within the European Union.
“Anyone who wants to take out a loan against the EU budget must obtain our approval. We have the right to say yes or no. This is not a favor—it is our right. And we make decisions based on Hungary’s interests,” he said.
Until Ukraine resumes the oil transit it is obligated to allow under international agreements, Hungary will not support such measures, the prime minister added. “Until order is restored, we will not yield. We have halted shipments of gasoline and diesel, and if necessary we will stop other things that are important to them as well,” Orban said.
Government Ready to Intervene if Necessary
“Ukraine will run out of money sooner than we will run out of oil,” the prime minister remarked. He said Hungary is currently facing two simultaneous pressures: the war in the Middle East and what he described as Ukraine’s oil blockade. In his view, Ukraine’s actions are particularly egregious because they violate international agreements.
“If the inexpensive Russian oil arrives, we can better manage the rising prices. If prices become unsustainable, we will intervene. For now, the market determines fuel prices. But if the situation becomes unbearable, we will intervene with state tools. We will protect people from unbearable energy prices,” he said.
PM Orban also addressed claims by experts aligned with the Tisza Party who argue that gasoline prices reaching 1,000 forints per liter would be impossible. The prime minister said he does not believe they are lying but suggested they may lack sufficient information.
He noted that among countries in the region, Hungary has one of the lowest tax burdens on gasoline.
Shell Would Profit the Most Off of US
PM Orban also argued that the multinational energy company Shell stands to gain the most from the current situation. “If cheap Russian crude is unavailable, we must buy from them, and they will make enormous profits,” he said.




















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