Europe

Published on 09/03/2026 – 17:36 GMT+1 Hungarian Prime Minister Viktor Orbán has called on the European Union to suspend sanctions on Russian energy imports, citing rising energy prices across Europe. Oil prices have surpassed $100 (€87) per barrel for the first time since August 2022, threatening to push consumer prices higher. Natural gas prices also rose sharply. The EU imposed sanctions on Russian oil imports in 2022 following Russia’s full-scale invasion of Ukraine. Hungary and Slovakia received exemptions and continued to import significant volumes of pipeline oil from Russia via the Druzhba pipeline, which runs through Ukrainian territory. The pipeline…

2026 © Prices.com LLC. All Rights Reserved.