What does a refinery blaze in Hungary tell us about Central Europe’s addiction to Russian energy?
Fire cripples Hungary’s main refinery as Serbia faces energy shutdown.
Browsing Tag
energy dependance on Russia
4 posts
Moscow’s oil income squeezed as market surplus overwhelms war premium
Russian oil revenues hit wartime low as oversupply overwhelms geopolitics.
Europe spends € 2 billion a month on Russian oil and LNG—more than its aid to Ukraine
Two investigations expose Europe’s energy contradiction: while pledging to cut ties with Moscow, the EU continues to spend billions on Russian oil and Arctic gas—much of it transported by sanctioned icebreakers.
EU confirms alternative energy supplies as Ukraine ends Russian gas transit
The European Commission has spent over a year strengthening its gas infrastructure network and securing alternative gas routes to ensure continuous supply to Central and Eastern European member states as Ukraine ended its transit agreement with Russia on 1 January 2025.