MOL Group

Company

Last mentioned: 1d ago

Timeline

  1. Sanctions Tightened

    Ukraine blacklists Lukoil, effectively banning its oil from transiting Ukrainian territory.

  2. Loan Veto

    Hungary announces it will block EU financial aid to Ukraine until oil transit is restored.

  3. Mediation Request

    Hungary and Slovakia formally ask the European Commission to intervene in the dispute.

  4. Supply Disruption

    MOL Group reports a halt in Lukoil crude deliveries to Hungarian and Slovakian refineries.

Stories mentioning MOL Group 1

Disruptions Bearish

Hungary Blocks EU Ukraine Loan Amid Russian Oil Transit Dispute

Hungary has announced it will veto a critical €6.5 billion European Union loan to Ukraine until Kyiv restores the transit of Russian oil through the Druzhba pipeline. The standoff highlights the extreme vulnerability of Central European energy supply chains and the increasing use of transit infrastructure as a geopolitical lever.

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