Hungary will release 250,000 tonnes of crude oil from its strategic reserves following a halt in flows on the Druzhba pipeline. The decision was announced in a government decree published late on Thursday.
The measure aims to ensure a continuous supply of crude oil to domestic refineries and prevent fuel shortages. Authorities have not yet explained why the current stoppage happened or said when it will resume.
Under the new provisions, the Hungarian oil company MOL is entitled to priority access to the released reserves. MOL operates the Danube Refinery in Százhalombatta, which processes fuel for the domestic market.
The government said the released stockpile will allow the company to maintain stable energy production while the pipeline issue is resolved. The reserves will directly replace the missing pipeline volumes to keep operations running.
The Druzhba pipeline is a key energy route for Central Europe, delivering Russian crude to landlocked nations such as Hungary, Slovakia, and the Czech Republic. Disruptions along the route have previously prompted governments to tap into emergency reserves to stabilise regional energy markets.
Hungary is required to maintain strategic stockpiles to manage unexpected supply failures. The current release provides a temporary buffer while alternative supply options or pipeline repairs are evaluated.
U.S. Donald Trump has said he has cancelled planned strikes on Iranian oil and gas ports announced earlier on Thursday. Trump said he made the decisio...
Pakistan says it has killed 26 militants in strikes on terrorist hideouts along the Afghan border, marking the most significant escalation between the...
Canada’s Privacy Commissioner has found that xAI’s Grok chatbot and its parent company X Corp. violated federal privacy law by launching an AI ima...
China's foreign ministry announced on Thursday that it had imposed sanctions on Philippine Defence Secretary Gilberto Teodoro and his immediate family...
Conditions of a climate pattern El Niño have officially developed and are expected to strengthen through the Northern Hemisphere winter of 2026-27,...
Hungarian Prime Minister Péter Magyar said on Monday that his government would begin legal proceedings to remove President Tamás Sulyok if he continues to reject calls to resign.
The end of Viktor Orbán's sixteen-year dominance of Hungarian politics has triggered a familiar reaction across much of Europe.
Centre-right leader Péter Magyar was sworn in as Hungary’s prime minister on Saturday, propelled into office on promises of change after years of economic stagnation and strained ties with key allies under his predecessor Viktor Orbán.
Hungarians put an end to the sixteen years of Viktor Orbán’s premiership on the night of 12 April when Fidesz - Orbán’s party - witnessed its largest and most bitter defeat in all of its history. In a matter of hours, 155 of the Hungarian parliament’s seats went to Tisza, Magyar’s party.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
Azerbaijan's Foreign Ministry says 19 citizens have been repatriated following a deadly drone attack on two cargo ships in the Sea of Azov on 5 June.
The Pakistani city of Karachi is struggling under severe heat and humidity as the country enters a prolonged heatwave period. The Pakistan Meteorological Department (PMD) has warned of above-normal temperatures across much of the country between 7 and 12 June.
Ukraine's military said it struck a Russian "shadow fleet" tanker in the Black Sea as part of ongoing efforts to disrupt Moscow's energy and logistics networks. The move underscores Kyiv's focus on targeting maritime assets it says are used to bypass sanctions on Russian oil exports.
U.S. forces say they have completed strikes on Iranian military sites near the Strait of Hormuz. Iran responded with missile attacks on an American base in Jordan, marking a sharp escalation in tensions between the two sides.
More than a third of Belgium’s population now has a foreign background, according to new figures released by the national statistics office, Statbel. The data show that around 4.34 million of the country’s nearly 11.7 million residents do not have an entirely Belgian background.
Fuel stations across the Russian-occupied Crimean Peninsula ran dry on Thursday as Ukraine stepped up attacks on supply routes to the region.
Pakistan says it has killed 26 militants in strikes on terrorist hideouts along the Afghan border, marking the most significant escalation between the neighbouring countries since a China-brokered diplomatic effort helped ease tensions earlier this year.
Canada’s Privacy Commissioner has found that xAI’s Grok chatbot and its parent company X Corp. violated federal privacy law by launching an AI image-generation tool without adequate safeguards, enabling the creation and distribution of non-consensual sexualised deepfakes.
China's foreign ministry announced on Thursday that it had imposed sanctions on Philippine Defence Secretary Gilberto Teodoro and his immediate family, accusing him of repeatedly making remarks that undermined China's "legitimate interests" and bilateral relations.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment