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Ukraine Stops Lukoil Oil Transit: Energy Crisis in Europe

The suspension of Lukoil’s oil transit via Ukraine has plunged Slovakia and Hungary into an energy crisis, highlighting the volatility of Russian supplies.

Ukraine Stops Lukoil Oil Transit: Energy Crisis in Europe

CountriesBiélorussie, Tchéquie, Croatie, Hongrie, Russie, Slovaquie, Ukraine
CompaniesNaftogaz
SectorPétrole
ThemePolitique & Géopolitique, Sécurité énergétique

Recent disruptions to Russian oil transit through Ukraine have plunged European buyers into an unprecedented energy crisis. Indeed, oil companies in Slovakia and Hungary, mainly supplied by the Druzhba pipeline, are the hardest hit by this situation. This interruption is directly linked to Ukraine’s decision to ban the transit of Russian energy resources through its territory, a decision described as political by the Kremlin.

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