Ukraine’s decision not to renew its contract with Gazprom has raised concerns in many about how Russian gas will reach Europe in the future. Kremlin spokesman Dmitry Peskov indicated that Russia could still meet European customers’ needs through the Turkish Stream pipeline, but at a higher cost than before. This latest move by Ukraine poses yet another threat to Hungary’s energy security.
In 2022 Swiss-based ACORE discovered a rich lithium deposit near Lopare, a town in the northeast of Republika Srpska. Although the entity led by Milorad Dodik has not yet issued a tender for the extraction of the ‘white gold’, excellent diplomatic relations and statements from Hungarian and Bosnian Serbian leaders suggest that the project could potentially be undertaken in cooperation with Hungary.
The escalation has raised concerns of a broader conflict in the region, as Israel declared a 48-hour state of emergency and placed restrictions on public gatherings and transport across the northern regions. Both sides have signalled that further actions may be taken, with Israeli Prime Minister Benjamin Netanyahu vowing to protect the nation at all costs, while Hezbollah indicated that their response to ‘Israel’s provocations’ was only beginning.
Serbian President Aleksandar Vučić has been awarded the Grand Cross of the Order of Merit of Hungary upon the recommendation of Viktor Orbán. Under Vučić’s presidency, relations between the two countries have significantly advanced, as evidenced by the improved situation of Hungarians in Vojvodina, substantial infrastructural developments, and close cooperation in the areas of migration and energy.
Recent statements by Hungarian government officials suggest that the threat to Hungary’s energy supply is being addressed. In July, Kyiv decided to cut off supplies from Russia’s Lukoil to Hungary. Since then, intensive negotiations have commenced, and Hungarian oil giant MOL now appears to be in a position to guarantee the security of Hungary’s oil supply.
In the days after the attack Israeli and international Jewish organizations raised around half a million dollars for the grieving Druze families affected by the horrific attack. Head of the Majdal Shams City Council Dolan Abu Saleh highlighted that the Druze want peace in the region.
According to the organizers, all topics that could help Hungary emerge as a winner in the current global systemic shift will be on the table in Tihany. Discussions will cover challenges to civilization, sovereignty, economic issues, and the state of European cooperation.
After the expansion of the so-called National Card scheme for which Russian and Belarusian nationals have now also become eligible, Budapest came under fire from Brussels politicians who claimed the measure poses a security risk to Europe. However, the conditions under which Russian nationals can enter and work in Hungary have not significantly changed with the introduction of the National Card and are comparable to the visa regimes of other European countries, which in fact allow Russians to apply for long-term visas in a much more generous way than Hungary and yet have never been pilloried for it.
The European Commission will not convene a consultative forum on the dispute between Ukraine and EU members states Hungary and Slovakia over the transit of Russian oil through Ukraine. Brussels’ reasoning is that there is no immediate threat to the energy security of these two countries due to Kyiv’s decision to halt the supplies. These developments indicate that the European Commission has blatantly sided with a non-EU member against two member states, jeopardizing their energy security.
After Kyiv failed to restore the uninterrupted transit of Russian Lukoil’s oil shipments to Hungary and Slovakia via Ukraine, Slovak Prime Minister Robert Fico announced that Bratislava might stop diesel supplies to Ukraine. Slovak deliveries account for a tenth of Ukraine’s diesel consumption.