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Minister: Hungary won't support EU embargo on Russian oil.

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Hungarian Foreign Minister Peter Szijjarto on May 9 backed pro-Russian Prime Minister Viktor Orban's position that the ban would be like “an atomic bomb for the economy, destroying its stable energy supply” because Russian fossil fuels account for two-thirds of Hungary's oil imports. European Commission President Ursula von der Leyen met Orban on May 9 to persuade him to change his stance. She said progress had been made in the talks but "further work is needed."

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Washington and Kyiv will invest $75 million each to kickstart the Ukraine reconstruction investment fund that gives the U.S. special access to mineral sites and other projects in Ukraine, the Economy Minister Oleksii Sobolev told journalists on Sept. 17.

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