Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children
The Ministry of Health in Gaza: Gaza's hospitals recorded six deaths due to starvation and malnutrition in the past 24 hours, all of them adults

Hungary PM: Europe on brink of energy crisis due to sanctions

  • By Al Mayadeen English
  • Source: Agencies
  • 31 May 2022 20:55
2 Min Read

The Hungarian Prime Minister narrates the reality behind the sanctions against Russia.

  • x
  • Hungary PM: Europe on brink of energy crisis
    Hungarian Prime Minister, Viktor Orban. 

Hungarian Prime Minister, Viktor Orban, said Tuesday that Europe is "dancing" on the brink of a global economic crisis because of sanctions against Russia.

Read more: Some EU countries would face major energy crisis: Brussels

"We have enough problems, energy prices are sky-high, inflation is soaring and Europe is dancing on the brink of a global economic crisis because of sanctions," Orban told the M1 broadcaster.

Managing the economy in such a crisis with higher oil prices "would have been tantamount to an atomic bomb," Orban said, adding that the scenario has been prevented. 

Related News

Orban accuses von der Leyen of capitulating to Trump after trade deal

Orban sounds alarm on global war, warns Europe already at risk

On Monday night, the EU leaders reached an agreement at a Brussels summit to put an embargo on Russian oil as part of the 6th package of sanctions on Russia. In the meantime, pipeline deliveries will continue normally. 

Yesterday, Orban praised the European Union's plan to exclude Russia's pipeline oil supply from the sixth round of sanctions.

According to Orban, "The pipeline solution is not bad. It’s a good approach, but we need a guarantee that in the event of an accident with a pipeline going through Ukraine, we will have to have the right to get Russian oil from other sources. If we get it, it’s fine."

Read more: EU and UK sanctions to exacerbate energy crisis

A long time, forever 

On Tuesday, the European Council President, Charles Michel, said that there will be temporary exemptions for landlocked states, such as the Czech Republic and Hungary.

The Italian Prime Minister, Mario Draghi, on his part, said that sanctions against Russian oil and gas will be around for a "very long time," and that trade channels will change for many years, "if not forever."

Draghi, at a press conference in Brussels, said that it was necessary to establish pan-European ties in a number of fields such as budgetary policy, and in areas "which are lacking, in particular, in Russian oil and subsequently in gas." 

"Let's not be deceived, these sanctions will last a very, very, very long time. Due to the state of things, tradelines will be changed, and possibly for many years; if not forever," the prime minister told reporters.

  • Hungary
  • Sanctions on Russia
  • European Union
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS