Europe Asia News

Hungarian Foreign Minister Peter Szijjarto made a statement regarding the United States lifting restrictions on Russian oil and the implications of this development for the European market.

Stating that Russia’s oil will once again reach global markets following the U.S. decision to suspend sanctions, Szijjarto said: “This will increase supply and lower prices. However, Europe will not see these benefits because Russian oil remains banned from the European market and Brussels continues to make decisions in line with Zelensky’s demands.”

Arguing that the EU should follow the American example, Szijjarto said: “It should suspend the sanctions imposed on Russian oil. Allowing this supply to return to the European market would help curb price increases, but unfortunately Brussels has not yet taken this step.”

Drawing attention to energy costs in Europe, Szijjarto stated: “As a result, fuel prices are rising across Europe; gasoline and diesel are becoming more expensive across the continent. We call on Brussels to lift sanctions on Russian oil. EU decisions should not be guided by Zelensky’s pressure.”