Hungary and Slovakia urge EU action following Ukraine’s ban on Russia’s Lukoil

Hungary and Slovakia urge EU action following Ukraine’s ban on Russia’s Lukoil

Hungary and Slovakia are urging the European Union to intervene after Ukraine imposed a ban on Russian energy giant Lukoil. The move has escalated tensions between the two neighboring countries, with Hungary and Slovakia calling for EU mediation to resolve the issue.

The ban on Lukoil, which is one of the largest oil companies in the world, was announced by Ukrainian authorities as part of their efforts to reduce dependence on Russian energy sources. However, Hungary and Slovakia, both of which rely on Lukoil for a significant portion of their energy imports, have raised concerns about the impact of the ban on their own economies.

Hungary and Slovakia are calling on the EU to step in and help find a solution that is acceptable to all parties involved. The two countries are considered to have close ties with Russia, and are seeking EU support to prevent further escalation of the situation.

The ban on Lukoil comes at a time of heightened tensions between Russia and Ukraine, with the two countries locked in a protracted conflict over the annexation of Crimea and ongoing fighting in eastern Ukraine. The situation is further complicated by the involvement of Western powers, including the EU and the United States, who have imposed sanctions on Russia in response to its actions in Ukraine.

Hungary and Slovakia’s call for EU intervention highlights the complexities of the situation and the need for a coordinated response from all parties. As the situation continues to unfold, it remains to be seen how the EU will respond and whether a resolution can be reached to address the concerns of all involved parties.

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Video “Hungary, Slovakia call for EU action after Ukraine bans Russia’s Lukoil | DW News” was uploaded on 07/23/2024 to Youtube Channel DW News