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Croatia blocks Russian oil reroute to Hungary and Slovakia as Ukraine flows halt
europe16 days ago

Croatia blocks Russian oil reroute to Hungary and Slovakia as Ukraine flows halt

Croatia refused Hungary and Slovakia’s request to transport Russian crude to Central Europe via the Adria pipeline after Druzhba flows through Ukraine were halted by attacks on Ukraine’s energy infrastructure, saying it won’t endanger energy security or violate EU/OFAC rules; Hungary and Slovakia had sought a sea-route workaround, underscoring EU energy-security concerns amid Russia’s war and ongoing pipeline disruptions.

via The Kyiv Independent|
#croatia#druzhba-pipeline#europe
Hungary’s Russian oil buys fuel Moscow’s war machine and Orbán-linked foundations
world17 days ago

Hungary’s Russian oil buys fuel Moscow’s war machine and Orbán-linked foundations

A Center for the Study of Democracy analysis says Hungary’s continued import of discounted Russian oil (which accounted for about 92% of its crude in 2025) has not lowered prices for consumers but boosted MOL’s profits (up ~30% since 2022) and funded foundations linked to Prime Minister Viktor Orbán, including the Mathias Corvinus Collegium. The report argues this is a political choice, not a necessity, noting Hungary could source non‑Russian crude via the Adria pipeline and that EU policy should ban Russian crude to close loopholes financing the Kremlin’s war machine, a claim set against Hungary’s election season and ongoing sanctions debates.

via CNN|
#eu-sanctions#hungary#mol
US-India trade deal trims tariffs as Russia oil ties are cut
world1 month ago

US-India trade deal trims tariffs as Russia oil ties are cut

The US and India announced a trade pact reportedly brokered by President Trump in which India’s tariffs will drop to 18% from 25%, non-tariff barriers will be reduced toward zero, and a 25% tariff linked to Indian purchases of Russian oil will be removed; Modi praised the agreement, and a White House official confirmed the terms as India agrees to stop buying Russian oil and to buy more US goods.

via BBC|
#donald-trump#narendra-modi#russia-oil
China and India resist US pressure on Russian and Iranian oil imports amid tariff tensions
world7 months ago

China and India resist US pressure on Russian and Iranian oil imports amid tariff tensions

China is resisting U.S. demands to stop buying oil from Iran and Russia, asserting its sovereignty and energy security, while secretly purchasing Iranian oil via a 'dark fleet' to evade sanctions. Despite ongoing trade negotiations and threats of tariffs, China remains committed to its energy interests, complicating U.S. efforts to reduce revenue for Russia and Iran amid broader geopolitical tensions.

via CBS News|
#china#dark-fleet#iran-oil