Hungary and Slovakia are seeking solutions for paying Russian gas suppliers after U.S. sanctions on Gazprombank raised payment challenges. Talks are underway to resolve the issue.
Hungary and Slovakia are exploring ways to make payments for Russian gas after new U.S. sanctions on Gazprombank created uncertainty.
Hungary’s Foreign Minister Peter Szijjarto plans talks with Russian Deputy PM Alexander Novak to find a legal solution for future payments. The U.S. sanctions, imposed on November 21, complicate payments via Gazprombank, which had previously facilitated currency conversions into roubles.
Slovakia's state-owned SPP is facing difficulties with an upcoming payment, and failure to pay could lead to suspension of gas supplies. Russia has since cancelled the option for buyers to convert currencies into roubles at Gazprombank.
Other European buyers, particularly in the Balkans, are also impacted.
Hungary’s Foreign Affairs and Trade Minister Peter Szijjarto said gas pipelines in Europe should be built, not closed, highlighting Bulgaria’s efforts compared to Ukraine’s recent actions.
Oil prices fell for the first time in three weeks, with expectations mounting that OPEC+ will raise production in July, Bloomberg reported.
Ukraine's gas reserves have reached their lowest levels in over a decade, with storage facilities less than 20% full as of May 11.
The European Commission is preparing to propose legal measures next month to phase out the EU's imports of Russian gas and LNG by 2027.
US Secretary of State Marco Rubio has firmly rejected claims that the Trump administration is considering lifting sanctions on Russia’s Nord Stream 2 pipeline as part of negotiations to end the war in Ukraine.
Authorities in Whatcom County, Washington, issued a warning Friday after a truck carrying honey bee hives overturned near the Canadian border, initially prompting fears that millions of bees had been released.
German Chancellor Friedrich Merz will travel to Washington next week to meet U.S. President Donald Trump.
Landslides and flash floods caused by days of heavy monsoon rain have killed at least 22 people in India’s northeast, officials said.
Cambodian Prime Minister Hun Manet said Saturday that the border conflict with Thailand “must be resolved with patience and through legal and diplomatic channels.”
Iran’s Foreign Minister Abbas Araqchi spoke by phone with IAEA Director Rafael Mariano Grossi, warning that any political actions against Iran at next week’s Board of Governors meeting would have consequences.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
An international academic conference titled "Islamophobia: Exposing Prejudice and Destroying Stigma" has officially opened in the capital of Azerbaijan, bringing together global scholars, experts, and policymakers to address the rise and consequences of anti-Muslim discrimination.
Türkiye’s first floating natural gas production platform, Osman Gazi, reached Filyos Port in Zonguldak on May 31.
Authorities in Whatcom County, Washington, issued a warning Friday after a truck carrying honey bee hives overturned near the Canadian border, initially prompting fears that millions of bees had been released.
German Chancellor Friedrich Merz will travel to Washington next week to meet U.S. President Donald Trump.
Landslides and flash floods caused by days of heavy monsoon rain have killed at least 22 people in India’s northeast, officials said.
Cambodian Prime Minister Hun Manet said Saturday that the border conflict with Thailand “must be resolved with patience and through legal and diplomatic channels.”
Authorities in Whatcom County, Washington, issued a warning Friday after a truck carrying honey bee hives overturned near the Canadian border, initially prompting fears that millions of bees had been released.
German Chancellor Friedrich Merz will travel to Washington next week to meet U.S. President Donald Trump.
Landslides and flash floods caused by days of heavy monsoon rain have killed at least 22 people in India’s northeast, officials said.
Cambodian Prime Minister Hun Manet said Saturday that the border conflict with Thailand “must be resolved with patience and through legal and diplomatic channels.”
Iran’s Foreign Minister Abbas Araqchi spoke by phone with IAEA Director Rafael Mariano Grossi, warning that any political actions against Iran at next week’s Board of Governors meeting would have consequences.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment