live Trump says deal to reopen Strait of Hormuz close as oil prices climb
U.S. President Donald Trump said negotiations to reopen the Strait of Hormuz are progressing and suggested an agreement with Iran could be reached “...
Hungary has suspended diesel fuel deliveries to Ukraine with immediate effect and will not resume shipments until crude oil transit via the Druzhba pipeline is restored, said Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade.
The suspension will remain in place until Ukraine restarts crude oil deliveries to Hungary through the pipeline, Szijjarto told a press conference following a government meeting.
According to the minister, crude oil transit was halted on 27 January.
Hungary cannot be expected to guarantee another country's energy security while its own supply is put at risk, said Szijjarto.
He noted that energy cooperation must be based on respect, not pressure.
On the same day, Slovak Prime Minister Robert Fico said that the Bratislava-based Slovnaft refinery is halting its diesel exports to Ukraine, and all products will now be reserved for the domestic market.
Fico also warned that Slovakia would cut off power supplies to Ukraine if Kyiv continues to sabotage the pipeline.
Ukrainian Foreign Minister Andrii Sybiha had earlier said that the Druzhba pipeline was no longer carrying Russian oil to Europe because of a Russian attack. This meant a halt to oil supplies to Hungary and Slovakia, which haven't been resumed yet.
However, Hungary accused Ukraine of cutting off power to that part of the pipeline. Fico likewise accused Ukraine of deliberately delaying the pipeline's restart in an attempt to pressure Hungary into dropping its objections to Ukraine's European Union accession.
The two countries have asked Croatia to permit Russian oil brought in by sea to transit across Croatian territory.
The Druzhba pipeline, which carries Russian oil through Ukraine to Central Europe, including the Czech Republic, Slovakia and Hungary, has faced repeated disruptions since last year because of damage to energy infrastructure amid the ongoing Russia-Ukraine conflict.
On Wednesday, the Slovak government declared a state of emergency in relation to oil supplies, the News Agency of the Slovak Republic (TASR) reported.
The country will release up to 250,000 tons of oil from national reserves for the Slovnaft refinery, according to a government decision in response to the interruption of oil supplies via the Druzhba pipeline.
U.S. President Donald Trump said there was an "all-day negotiation" on Tuesday with Iran, characterising the talks positively while also threatening to hit Iran "really hard" if a deal was not reached.
Shipping traffic through the Strait of Hormuz and the Bab el-Mandeb Strait, two key maritime chokepoints in the region, decreased significantly from the previous day, according to shipping data.
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