Europe Asia News

Hungarian Foreign Minister Peter Szijjarto noted that the EU should immediately lift the ban on oil and natural gas imports from Russia.

Minister Szijjarto stated that with the escalation of the war in the Middle East and the possible closure of the Strait of Hormuz, a large part of the global energy supply is at risk.

"Europe is particularly at risk because the EU had already banned energy imports from Russia," said Szijjarto, adding that the conflict in the Middle East is now also reducing global supply.

Szijjarto also added: "When supply decreases, prices rise. Therefore, Europe faces the risk of dramatic price increases. If Brussels keeps the sanctions in force, this will cause serious damage to the European people and the European economy. The focus should not be ideology, but protecting the interests of Europeans."