Hungarian Prime Minister Peter Magyar delivers a speech on the day new members of government take their oath of office in the Parliament, in Budapest, Hungary, May 12, 2026. [Photo/Agencies]
OPUSZTASZER, Hungary -- Hungarian Prime Minister Peter Magyar said on Wednesday that the country's fuel and crude oil supplies remained uninterrupted, with strategic reserves at nearly 80 percent capacity.
Speaking at the first press conference of the new Hungarian government, Magyar said the cabinet had received a briefing from Zsolt Hernadi, the chairman of Hungarian multinational oil and gas company MOL Group, who confirmed the stability of supply despite rising global market prices.
Magyar added that Hungary will maintain its protected fuel price policy.
He also announced that he will officially visit Poland and Austria next week, marking his first major foreign trips since taking office. He plans to hold talks with Polish Prime Minister Donald Tusk and other senior officials in Warsaw before continuing to Vienna for meetings with Austrian leaders.
