Viktor Orban has become the last barrier to a sweeping embargo against Russian oil on the grounds that it would devastate Hungary’s economy
BRUSSELS—On the European stage, Hungary’s Prime Minister Viktor Orban has become the last barrier toagainst Russian oil, holding up the European Union’s biggest attempt so far to starve the Kremlin’s war machine on the grounds that it would devastate his small nation’s economy.
And yet back home, his country’s largest energy firm, MOL , which is partly government-owned, has been quietly accelerating efforts to import oil from other countries. Within as little as two years, the Duna oil refinery, the country’s biggest, could be set up to run entirely on non-Russian oil, the MOL Group now says.
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