Hungary Received Exemption From Proposed Russian Oil Price Cap, Says Foreign Minister

Szijjarto said the European Union's current proposal says oil deliveries though pipelines would be exempt from the price cap, which means it would not affect Hungary if the proposed cap is adopted later. (file photo)

Hungary received an exemption from a proposed Russian oil price cap, Foreign Minister Peter Szijjarto said at a briefing in Brussels broadcast on his Facebook page on November 24. Szijjarto said the European Union's current proposal says oil deliveries though pipelines would be exempt from the price cap, which means it would not affect Hungary if the proposed cap is adopted later. To read the original story from Reuters, click here.