EU wants to BANE Russian gas and oil in one year, but many countries like Hungary don't agree and will veto and keep buying Russian stuff

Hungary warned today that it would not support the proposed EU ban on Russian oil in its current form as it would 'completely destroy' its energy supply security.

The EU proposal - announced earlier on Wednesday - would ban Russian crude gradually over the next six months and refined fuels by the end of this year, in retaliation for Russia's invasion of Ukraine.

Hungary and Slovakia - both highly depending on Moscow's oil exports - would get until the end of 2023 to phase out Russian supplies.

However, Foreign Minister Peter Szijjarto said this concession would not be enough to bring Hungary on-board with the proposals, which need to be unanimously approved to take effect - and are likely to be the subject of fierce debate.

The proposal 'cannot be responsibly supported in this form, we cannot responsibly vote for it,' Szijjarto said in a video message posted on Facebook. 'This sanctions package would completely destroy the security of Hungary's energy supply,' he said.

Szijjarto's video message suggests Hungary is likely to veto the proposal.

According to the government, 65 percent of Hungary's oil and 85 percent of its gas supplies come from Russia.

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