Brussels prepares tariffs on Russian oil imported by Hungary and Slovakia

The European Commission is considering targeted tariffs on Russian oil imports still allowed in Hungary and Slovakia, in an effort to bypass existing exemptions.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

The European Commission is planning to impose higher tariffs on Russian oil imports carried out by Hungary and Slovakia, two European Union (EU) countries still exempted from the embargo introduced in 2022. This proposal, currently under development, comes amid renewed international pressure, particularly from the United States, to further limit energy flows from Russia.

The EU initially banned Russian oil imported by sea in response to the invasion of Ukraine, but granted flexibility to Hungary and Slovakia, two landlocked countries dependent on Russian pipelines. This exemption remains legally binding, as any modification would require their agreement. The use of a tariff mechanism would allow Brussels to reduce the economic attractiveness of these purchases without triggering a veto.

A trade tool to bypass political deadlocks

The Commission’s project would allow the measure to be adopted by a qualified majority of the 27 Member States, avoiding the need for unanimous consent. Specifically, 15 countries representing 65% of the EU population would be sufficient to approve the proposal. This threshold could be more easily reached than a revision of the exemption scheme.

EU imports of Russian oil fell to €1.75bn ($1.85bn) in Q2 2025, compared to nearly €29bn ($30.7bn) in the same quarter of 2021. However, the remaining volumes concern mainly Hungary and Slovakia. The continuation of these flows has drawn international criticism, especially following US President Donald Trump’s intervention at the United Nations.

Political and economic implications to watch

In his speech, Donald Trump condemned these purchases as an indirect form of support for the Russian war effort, conditioning further US sanctions on a full halt to European imports of Russian hydrocarbons. This stance revives transatlantic tensions over coordinated energy responses to Moscow.

The European Union has set a target to end all imports of Russian hydrocarbons by 2027, with an earlier deadline of 2026 for liquefied natural gas (LNG). The introduction of tariffs would serve as an interim step to accelerate this phase-out while taking into account the logistical constraints of countries still dependent on Russian supply.

PetroTal has temporarily halted production from four wells at the Bretana field in Peru, following technical leaks affecting pumping performance, while keeping its annual guidance unchanged.
International Petroleum Corporation repurchased 59,454 common shares between 15 and 19 September, under its ongoing share buyback programme compliant with Canadian and European regulations.
The European Commission seeks to block Russian oil flows through new bans targeting Rosneft, Gazprom Neft, foreign refineries and vessels operating outside the regulatory framework.
Caracas steps up its military posture in response to the United States’ naval deployment in the Caribbean, which the Venezuelan government accuses of having strategic designs on its oil and gas resources.
A UN report reveals that nearly 90% of road projects financed by oil never materialised, fuelling surging poverty amid extreme inflation and poor management.
Sinopec modernises its Tahe complex, increasing refining capacity and adding key units to support petrochemical production in western China.
TotalEnergies has signed four production sharing contracts for offshore blocks covering 12,700 km² off the coast of Liberia, marking a new step in the expansion of its activities in West Africa.
A new analysis estimates that existing oil fields could yield up to 1,000 billion additional barrels without major new discoveries, using proven methods supported by artificial intelligence.
Baker Hughes has signed a multi-year contract with Petrobras to maintain the Blue Marlin and Blue Orca vessels in Brazil’s offshore fields, including the supply of associated chemicals and services.
KazMunayGas has resumed oil shipments to Turkey through the Baku-Tbilisi-Ceyhan pipeline, following a stoppage due to a contamination issue resolved at the Aktau terminal.
After six months of suspended local institutions, Nigeria's federal government restores civilian power in oil-rich Rivers State as political tensions appear to ease.
Backed by flagship projects linked to EACOP and the Tilenga and Kingfisher fields, Uganda aims to lead Africa in new oil storage additions, with a projected impact on its revenues and financial flows by 2030.
A study reveals that independent oil and gas producers supported over 3.1 million jobs and generated $129bn in taxes, representing 87% of the US upstream sector’s economic contributions.
GATE Energy has been appointed to deliver full commissioning services for bp’s Kaskida floating production unit, developed in partnership with Seatrium in the deepwater Gulf of Mexico.
A Syrian vessel carrying 640,000 barrels of crude has docked in Italy, marking the country’s first oil shipment since the civil war began in 2011, amid partial easing of US sanctions.
Canadian crude shipments from the Pacific Coast reached 13.7 million barrels in August, driven by a notable increase in deliveries to China and a drop in flows to the US Gulf Coast.
Faced with rising global electricity demand, energy sector leaders are backing an "all-of-the-above" strategy, with oil and gas still expected to supply 50% of global needs by 2050.
London has expanded its sanctions against Russia by blacklisting 70 new tankers, striking at the core of Moscow's energy exports and budget revenues.
Iraq is negotiating with Oman to build a pipeline linking Basrah to Omani shores to reduce its dependence on the Strait of Hormuz and stabilise crude exports to Asia.
French steel tube manufacturer Vallourec has secured a strategic agreement with Petrobras, covering complete offshore well solutions from 2026 to 2029.

Log in to read this article

You'll also have access to a selection of our best content.