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flag Hungary freezes fuel prices at $1.75/gallon for domestic vehicles, citing war-driven oil costs and blocking EU aid to Ukraine.

flag Hungary will cap gasoline at 595 forints ($1.75) and diesel at 615 forints ($1.81) per liter starting March 9, 2026, Prime Minister Viktor Orbán announced, citing rising global oil prices due to ongoing conflicts. flag The measure applies only to vehicles registered in Hungary and will be supported by releasing oil from national reserves. flag Orbán, who opposes EU sanctions on Russian energy, has blocked new EU sanctions and a 90-billion-euro loan for Ukraine, demanding the resumption of oil flows through the Druzhba pipeline, which halted in January amid disputes over damage. flag Hungary also detained seven Ukrainian bank employees over a cash shipment, which Ukraine called routine, escalating tensions.

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