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Hungarian government: fight continues for cheap Russian oil
Hungarian families’ utility costs would grow threefold without cheap Russian oil, Péter Szijjártó, the minister of foreign affairs and trade, said on Wednesday, adding that the “sovereign patriotic government” was the only one that could protect the country from that development, “the Tisza Party has no interest in doing so.“
Full ban on Russian oil on the horizon
Szijjártó told the Truth Hour podcast that the next months would bring further fight for cheap Russian crude; “not because it’s Russian but because it’s cheap.“
He said cheap Russian oil was one of the cornerstones of Hungary’s utility price cap scheme, and cutting the country off it would spell the scheme’s end. “Then, Hungarian families’ utility bills will increase threefold compared with what they are paying now,” he added.
He noted that the European Commission was slated to submit a proposal on the “full ban of Russian oil” on April 15, three days after the Hungarian general election.
In view of the Iranian war “blocking [the equivalent of] 20 percent of the world’s oil consumption” and the delivery of oil from Arab countries having become uncertain, that step would be a “sucker-punch” to the European economy, Szijjártó said. “Banning Russian oil from Europe means that Europe will lose out in this situation.”
Fight for cheap Russian oil continues
He augured “enormous price increases” in Europe; “we Hungarians, meanwhile, will have the task of protecting Hungary from that.” The only government capable of doing that is a sovereign patriotic one “capable of fighting for cheap Russian oil,” he said.
“A party delegated from Brussels will obviously not fight for cheap Russian oil, because Tisza has a vested interest in western companies supplying oil to Hungary from more expensive resources; that will increase the profit of foreign oil companies who already have their delegate in Tisza leadership,” Szijjártó said.
He said Tisza wanted to give up cheap energy resources, which would result in the end of the utility price caps should the party come to power. In contrast, “we will fight for cheap energy resources so that we can maintain the utillity price scheme,” Szijjártó added.
If you missed:
- PM Orbán’s latest offer to Zelensky: EU money for Russian crude – here’s Ukraine’s answer
- Looming fuel shortage in Hungary? Oil reserves at historic low, quantity limits introduced
Featured image: illustration. Source: depositphotos.com
The price of crude and gas was coming down – until our Politicians BFFs Mr. Trump and Mr. Netanyahu decided on a war of choice with Iran. Which is slowly evolving into a world war. The security situation is evolving and not in a good way, as demonstrated by the increased security at facilities including Algyő and Paks.
Crickets from our Politicians. Not a word. “No War!” “Peace!”. Always so vocal – not now.
Even the most patient person eventually gets tired of the same old thing and tunes out! Orban has narrowed his election campaign to just one issue, unnecessarily (or perhaps deliberately): Ukraine!
I wonder how Ukrainians can still be unbiased towards Hungary under these circumstances?
This is more like a Fidesz fight to fund Russia’s military with Hungarian purchases of Russian oil. Hungary is on the wrong side with Fidesz.