Oil Pipeline
RPT-Slovakia, Hungary threaten Ukraine with court fight over blocked oil
Hungary and Slovakia have threatened to take Ukraine to court for blocking products of oil by Russian producer Lukoil by means of the Sovietbuilt Druzhba (Relationship) pipeline, the last remaining path for Russian crude to Europe. The following lays out the appropriate truths. RUSSIA'S REMAINING OIL LINK TO EUROPE After Moscow's invasion of Ukraine in 2022, the European Union (EU), which utilized to purchase up to a 3rd of its fuel from Russia, enforced sanctions and stopped purchasing Russian oil. Nevertheless, it provided three member states - Hungary, Slovakia and the Czech Republic - exemptions from sanctions because of their...