The threat of rising energy prices in Europe has arisen not only because of military actions in the Middle East, but also as a result of Ukraine's suspension of the transit of Russian oil through the Druzhba pipeline, Orban noted

The threat of rising energy prices in Europe has arisen not only because of military actions in the Middle East, but also as a result of Ukraine's suspension of the transit of…

In his opinion, the shrinking supply on the global market will cause prices to spike, putting the European economy and the well-being of its citizens at risk

Russian President Vladimir Putin said Moscow is considering stopping all fuel exports to Europe as the bloc seeks to mitigate energy supply crisis.

Gergely Gulyas noted that Hungarian Prime Minister Viktor Orban would defend that position at an EU summit set to be held in Brussels on March 19-20