Budapest, March 9 -- Hungarian Foreign Minister Peter Szijjarto on Monday called for the "lifting of the European Union's ban on Russian energy supplies," warning that Europe could face rising prices amid the escalating situation in the Middle East.
He said that the "EU should immediately lift its ban on Russian oil and gas imports." With the war in the Middle East escalating and the Strait of Hormuz closed, a major share of "global energy supply is now at risk.""Europe is particularly vulnerable as the EU has already banned Russian energy imports. Now the conflict in the Middle East is further tightening global supply. When supply shrinks, prices rise, raising the risk of sharp price increases across Europe," he said.
He then warned Brus...