Hungarian oil company Mol has submitted the first transit applications, according to sources

The news of Hungary's Mol submitting transit applications is significant, indicating potential new supply routes for oil through Hungary.

Newsquawk StaffPublished 21 Apr 2026, 19:22 UTCOn the live feed at 19:02 UTC — 2 more headlines followed before this page went public

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19:14

Senior Iranian Official says Pakistan’s efforts to persuade US to lift naval blockade, release the Iranian ship and its crew have not yet yielded results, according to reports

19:04

VP Vance has for now paused plans to travel to Pakistan on Tuesday for negotiations with Iran over ending the war, and Trump is privately discussing cancelling the trip altogether, WSJ reports citing a source

19:02

Hungarian oil company Mol has submitted the first transit applications, according to sources

18:55

Iran's UN envoy says US has privately indicated to Iranians that it would soon lift its blockade, which is a demand Tehran has made for returning to the negotiations in Islamabad, AP's Farnoush Amiri reports

18:48

Steve Witkoff and Jared Kushner were seen arriving at the White House Tuesday afternoon as uncertainty looms over potential peace talks in Pakistan, via CNN

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This could influence WTI prices if it leads to increased capacity or alternative supply for European markets, particularly amidst ongoing geopolitical tensions affecting energy supplies. Traders should monitor how this development interacts with existing supply-demand dynamics in the region.

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