Péter Szijjártó considers the European Union’s oil price cap to be contrary to Hungarian and European interests. Hungary will be exempted from the oil price cap.
Minister of Foreign Affairs and Trade Péter Szijjártó reacted critically to the European Union’s decision to set an oil price cap for crude oil and petroleum oils and oils obtained from bituminous minerals which originate in or are exported from Russia, at USD 60 per barrel.
“It is time for Brussels to realize that measures like these hurt the European economy the most,” the minister wrote on Facebook.
According to Szijjártó, it would be necessary to increase the quantity of energy carriers, because that would lower prices.
During the negotiations on the oil price cap, we fought a lot for Hungarian interests, and in the end, we succeeded: Hungary was exempted from the oil price cap,
he stressed. According to the minister, the security of Hungary’s energy supply was once again defended.
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