Hungarian PM Orban's Chief of Staff says they would take steps in the scenario that Ukraine continues to halt Druzhba oil shipments
Newsquawk Staff ·
Hungarian PM Orban's Chief of Staff says they would take steps in the scenario that Ukraine continues to halt Druzhba oil shipments.
What it means
The comments from Hungary’s Chief of Staff signal a potential escalation in tensions surrounding oil shipments via the Druzhba pipeline. If Ukraine continues to halt these shipments, it could lead to significant disruptions in energy supply within the EU, impacting oil prices and potentially causing a ripple effect through commodity markets and currencies linked to energy exports.
- Israeli election exit poll: Netanyahu bloc 55 seats; opposition bloc 49; Arab parties bloc 16, i24NEWS reports
- Netanyahu’s Likud Party to be largest in Knesset, reports Channel 12 Exit Poll; no clear winner in Israeli election
- CRUDE WRAP: WTI (Z6) SETTLES USD 1.86 LOWER AT 99.90/BBL; BRENT (F7) SETTLES USD 1.33 LOWER AT 109.41/BBL
- Russian refineries’ crude processing up 25% since drone attacks stopped in mid-October, according to reports, citing sources
- Russian Deputy PM Novak says domestic refineries are bringing units back online very quickly following maintenance. Russia and the US could begin cooperating on Arctic LNG projects
Related headlines
- Iranian President Pezeshkian and Russian President Putin discussed energy cooperation and trade4 hours ago
- Iranian President Pezeshkian, at a meeting with Russian President Putin, says there is no point in hoping for the US to resolve problems in the Middle East4 hours ago
- Russian President Putin says he discussed the situation in the Middle East one-on-one with Iranian President Pezeshkian and it is a reason for concern, according to Russian press4 hours ago
- Israeli PM Netanyahu requests extension of voting in the legislative elections until after 10pm5 hours ago
- Russian Foreign Minister Lavrov says the Ukraine conflict is likely to continue and will likely escalate. Leaders of Finland and Norway raised no new proposals.6 hours ago
- US EQUITY OPEN: Indices in the green as Tech sector outperforms as earnings continue7 hours ago
- US President Trump says believes I will visit tanker in Texas with Venezuela oil; thinks Secretary of State Rubio will be with him; we are going to accept 1mln bbls of Venezuelan oil5 hours ago
- US President Trump says the US will officially ban the term "AI/Artifical Intelligence", due to inaccuracy 5 hours ago
- US President Trump on Truth says "Consumer Confidence is up 7.5%, an extremely big rise"6 hours ago
- US President Trump posts "Congratulations to Lorne Doerkson on his Big Victory. Conservatives are moving strong in Canada!"6 hours ago
- PREVIEW: Federal Reserve Rate Decision due Wednesday, October 28th at 18:00GMT/14:00EDT4 hours ago
- Russian President Putin holds bilateral meeting with Iranian President Pezeshkian5 hours ago
- ONEOK Inc. (OKE) Q3 2026 (USD): EPS 2.13 (exp. 1.51), Adj. EBITDA 2.24bln (exp. 2.17bln)1 hour ago
- Atlanta Fed GDPnow Model (Q3): 3.5% (prev. 3.4%)5 hours ago
- PPG Industries Inc. (PPG) Q3 2026 (USD) Adj. EPS 2.25 (exp. 2.12), Revenue 4.40bln (exp. 4.28bln)1 hour ago