Druzhba
4 briefs
Russia's Oil Unlocks Europe's Money for Ukraine
The Druzhba pipeline resumed flowing Russian crude through Ukraine, which unblocked Hungary's veto on a $105 billion EU loan to Kyiv. The pipeline is the lever that connects everything.
The EU's Toughest Russia Sanctions Required Letting Russian Oil Flow First
Package 20 is the harshest restrictions on Russia in two years. Hungary and Slovakia unlocked it only after Ukraine reopened the Druzhba pipeline. The oil is the price of the loan.
The EU Unlocked $106 Billion for Ukraine. The Price Was Letting Russian Oil Flow Again.
Hungary lifted its veto on the EU's largest-ever Ukraine loan package only after Kyiv agreed to resume pumping Russian crude through the Druzhba pipeline. European solidarity now runs on Russian energy.
Hungary's New Government Drops the Veto. Now the EU Finds Out Whether Orbán Was the Problem or the Excuse.
Peter Magyar's election win on April 12 unblocked two EU sanctions packages and a EUR 90 billion Ukraine loan. But Magyar is already conditioning the loan on a pipeline restart, and Slovakia has not moved.