Hungary Warns Europe’s Vulnerability in Global Energy Crisis

According to the International Desk of Webangah News Agency, Hungary’s Minister of Foreign Affairs, Péter Szijjártó, has issued a stark warning regarding Europe‘s vulnerability to the ongoing global energy crisis. Citing data published by the Mehr News Agency, which quoted Russia’s TASS news agency, Szijjártó highlighted that Europe is more susceptible than other regions to a worldwide oil deficit, particularly in the context of the Strait of Hormuz potentially closing due to the aggression of the United States and the Zionist regime against Iran.

The Hungarian foreign minister further cautioned that the rejection of Russian oil exports under the current circumstances would inflict severe damage on European economies. He predicted that European nations should anticipate further increases in the prices of gasoline and other fuel types, stating that European economies must be prepared for rising costs.