News Feed

Ukraine's sanctions on Russia's Lukoil halting oil deliveries to Hungary, Budapest says

1 min read
Ukraine's sanctions on Russia's Lukoil halting oil deliveries to Hungary, Budapest says
Hungary's Foreign Minister Peter Szijjarto attends the 10th Summit of the Heads of State of the Organization of Turkic States on Nov. 3, 2023. (Arda Kucukkaya/Anadolu via Getty Images)

Ukraine's hardened sanctions against Lukoil, Russia's second-largest oil producer, has stopped the company's deliveries to Hungary, Hungarian Foreign Minister Peter Szijjarto claimed on July 16.

Ukraine strengthened sanctions against Lukoil in June 2024, effectively removing the possibility that Ukraine can be a transit country for its oil.

Szijjarto made the comments after meeting with his Russian counterpart Sergey Lavrov on the sidelines of a U.N. meeting in New York.

"There's now a legal situation in Ukraine based on which Lukoil is not currently delivering to Hungary," Szijjarto claimed, according to Bloomberg.

"We are now working on a legal solution that will enable us to resume supplies because Russian oil is important from the perspective of our energy security," Russian state news agency TASS quoted Szijjarto as saying.

Szijjarto has previously said that 80% of its crude oil supplies in 2022 came from Russia.

Hungary has maintained close ties with Russia since the February 2022 invasion of Ukraine, and Szijjarto has made regular trips to Russia, unlike other European foreign ministers.

Avatar
Elsa Court

Audience Development Manager

Elsa Court is the audience development manager at the Kyiv Independent. She previously worked as a news editor at the Kyiv Independent and was an intern at the Kyiv Post in 2018. She has a Master’s in Conflict Studies and Human Rights from Utrecht University. Elsa is originally from the UK.

Read more
News Feed

In a Russian attack on the city of Zaporizhzhia on the morning of March 21, a father and mother of two girls were killed, and 6 people injured, including two girls aged 11 and 15, Fedorov said. The girls are daughters of the parents killed in the strike, Ukraine's State Emergency Service later said.

Russian citizens Yurii Korzhavin and Lidiya Korzhavina were removed from the U.S. sanctions list on March 20, along with other individuals and entities linked to Russia. The Korzhavins were sanctioned in 2024 for their ties to the Russian transport and logistics company Elfor TL.

Show More