Hungary Objects to Proposed EU Sanctions on Lukoil Dubai Unit

Hungary raised objections to a European Union proposal to sanction Litasco Middle East DMCC, a Dubai-based trading unit of Russian oil giant Lukoil PJSC, according to people familiar with the matter. According to Bloomberg, EU envoys started debating this week the bloc’s plans for a new package of sanctions on Russia over its full-scale invasion … Continue reading Hungary Objects to Proposed EU Sanctions on Lukoil Dubai Unit