economy
April 4, 2026
Orban calls on EU to lift Russia sanctions to avert energy crisis
Hungarian Prime Minister Viktor Orban has called on the EU to return to Russian oil and gas supplies as energy prices soar due to the Iran war
TL;DR
- Hungarian Prime Minister Viktor Orban believes lifting sanctions on Russian energy is the only way for the EU to survive an impending energy crisis.
- Polish Prime Minister Donald Tusk expressed concern over Europe's energy crisis, potential US NATO withdrawal, and redirected arms, likening it to a "Putin's dream plan."
- Orban urged Tusk to focus on his own country rather than "warmongering."
- Kremlin investment envoy Kirill Dmitriev praised Orban as a voice of wisdom and reason regarding the crisis.
- The Iran conflict has disrupted global supply chains and energy markets, leading to a rise in crude oil prices to around $111 per barrel and EU gas prices to approximately €50 ($58) per MWh.
- EU Energy Commissioner Dan Jorgensen warned of prolonged fuel disruption due to ruined energy infrastructure in the Middle East.
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