Hungary Blocks €90 Billion EU Aid to Ukraine & New Russia Sanctions

by Ibrahim Khalil - World Editor
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Hungary Blocks EU Aid to Ukraine and Russia Sanctions

Budapest has officially blocked a proposed European Union emergency loan worth 90 billion euros (approximately $106 billion USD) for Ukraine, as well as the latest package of sanctions targeting Russia. This decision stems from Hungary’s accusations that Ukraine is deliberately disrupting Russian oil supplies via the Druzhba pipeline, raising concerns about its national energy security.

Dispute Over Druzhba Pipeline

The double veto was submitted by Hungary on Monday, February 23, 2026, amid a growing dispute with Kyiv over the Druzhba oil pipeline, a key infrastructure element dating back to the Soviet era. The pipeline, which carries Russian crude oil to Hungary and Slovakia, has been non-operational since the end of January.

Kyiv attributes the damage to the pipeline to Russian attacks, a claim Moscow vehemently denies. Hungary, however, aligns with Moscow’s position, accusing Ukraine of intentionally halting oil supplies for political leverage, effectively imposing an “oil blockade.”

Hungary’s Stance and Accusations

Hungarian Foreign Minister Péter Szijjártó firmly reiterated his country’s position following a meeting of EU foreign ministers. He stated that Hungary would not yield to what he characterized as blackmail attempts. “Ukraine cannot blackmail us; they cannot jeopardize the security of Hungary’s energy supplies by colluding with Brussels and the Hungarian opposition. No, this is a clear ‘no’,” Szijjártó said.

EU Response and Disappointment

The failure to reach an agreement has prompted disappointment from EU leadership, who had previously expressed optimism about the package’s approval. EU foreign policy chief Kaja Kallas described Hungary’s decision as a significant setback to the bloc’s diplomatic efforts amidst the ongoing conflict. “The bloc leadership expected these steps to be approved at the meeting. This is a major setback and a message we did not want to send today,” Kallas stated.

Background of the EU Loan

The 90 billion euro loan had been agreed upon in December. At that time, Hungary, Slovakia, and the Czech Republic were granted exemptions allowing them to avoid direct financial contributions to the program.

Escalating Tensions and Energy Concerns

The disruption of Druzhba pipeline operations has angered both Hungary and Slovakia. Last week, both countries announced they would suspend diesel exports to Ukraine until the pipeline is restored. Slovak Prime Minister Robert Fico also threatened to halt emergency power aid to Ukraine, emphasizing his commitment to this action if Kyiv does not promptly restore oil deliveries.

Fico noted that Ukraine received more emergency power from Slovakia in January alone than it did throughout all of 2025, to stabilize its energy grid following Russian long-range attacks. He stressed, “I will preserve my promise” regarding the potential cutoff of electricity supplies.

Sources:PBS, France24, AP News, Politico

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