Hungary Holds Up EU Deal to Sanction Russian Oil

The European Union is struggling to finalize the phrases of an oil embargo on Russia amid resistance by Hungary, whose chief claimed Friday that the proposed embargo would hit his economic system like an atomic bomb.

Prime Minister Viktor Orban has lengthy cultivated shut ties with Moscow and hasn’t joined different EU and North Atlantic Treaty Group international locations in attempting to arm Ukraine. He’s insisting on extra time and EU cash if Hungary is to affix the remainder of the bloc in transitioning away from Russian oil, diplomats say.

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