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Europe
ANALYSIS: European Aid to Ukraine Undercut by Russian Fossil Fuel Imports Through 2025
In the first years of Russia’s full-scale invasion, until December 2025, the cumulative amount Europe paid for Russian fossil fuels was higher than the total aid sent to Ukraine.
March 11, 2026
Energy
Hungary Sends Delegation to Kyiv for Talks on Druzhba Oil Pipeline
A Hungarian government delegation has traveled to Kyiv to discuss the condition of the Druzhba pipeline and hold talks with Ukrainian officials and EU representatives.
March 11, 2026
Energy
Orban Blames Ukraine for Fuel Price Spike, Calls for Review of Sanctions on Russian Energy
Hungary’s prime minister said the halt of Russian oil transit through Ukraine’s Druzhba pipeline was contributing to rising fuel prices and urged the EU to reconsider sanctions on Russian energy.
March 9, 2026
Energy
Oil Prices Surge to Highest Levels Since Mid-2022
Energy markets are particularly nervous because the crisis is unfolding around the Strait of Hormuz, through which roughly one-fifth of the world’s oil supply normally passes.
March 9, 2026
Ukraine
Ukraine Defeats Russia’s Winter Bombardment Campaign
Historically it’s pretty much impossible to beat Russia in winter war – but Ukraine just did.
March 7, 2026
Energy
Kremlin Says Iran War Has Boosted Demand for Russian Energy
Moscow said the conflict in the Middle East has increased global demand for Russian oil and gas as markets face disruptions.
March 6, 2026
Ukraine
Hungary Gives Ukraine 3 Days to Restore Druzhba Oil Transit
Budapest demanded that Kyiv resume flows through the Druzhba pipeline or allow inspectors to examine the site of the reported damage, a Hungarian energy official said.
March 6, 2026
US
US Approves Temporary Sale of Stranded Russian Oil to India
US Treasury Secretary Scott Bessent said the waiver was issued “To enable oil to keep flowing into the global market.”
March 6, 2026
Energy
China Prioritizes Energy, Diplomacy Over Iran Support
China, a net importer of oil, is one of several major Asian economies that depend on the narrow Strait of Hormuz for energy.
March 5, 2026
Ukraine
Slovak Government Backs Ending Emergency Electricity Supplies to Ukraine
The cabinet approved a proposal recommending that the finance minister terminate a contract between Slovakia’s grid operator and Ukraine’s Ukrenergo, media reported.
March 4, 2026
Energy
Russian Gas Tanker Sinks in Mediterranean – Moscow Blames Ukraine
The tanker, Arctic Metagaz, was carrying liquefied natural gas and is considered part of a so-called Russian “shadow fleet” transporting energy supplies under US and European sanctions.
Updated: March 4, 2026
Zelensky
Hungarian FM Accuses Zelensky of ‘Attack Against Hungary’ Over Oil Pipeline Block
Foreign Minister Péter Szijjártó claimed Ukraine is politically blocking oil deliveries through the Druzhba pipeline and called it a coordinated move against Hungary.
March 3, 2026
Energy
Energy Infrastructure Emerges as War Target, Lifting Prices
The last time oil prices topped $100 a barrel was at the start of the Ukraine war, when natural gas prices also spiked well above Monday’s level.
March 3, 2026
Ukraine
Energy Costs, EU’s CBAM Force ArcelorMittal Kryvyi Rih Shut Down LMZ Plant
ArcelorMittal Kryvyi Rih will shut its subsidiary Foundry and Mechanical Plant LLC (LMZ) in three months, because of energy costs, and the impact of the EU’s carbon tax (CBAM).
March 2, 2026
Europe
Zelensky Sets Dates for Fico Visit to Talk ‘Outstanding Issues’
Kyiv said the proposed visit might take place on March 6 or March 9 as Slovakia threatens to cut electricity imports to Ukraine over Kyiv’s unwillingness to restore Russian oil flow.
March 2, 2026
Energy
Over $1M Embezzled From Repair Fund for Power Plant Destroyed by Russian Missiles
Trypillya TPP was completely destroyed in a hypersonic missile attack in early 2024. Authorities said a criminal scheme had misappropriated more than $1.16 million from funds intended for its repair.
Feb. 27, 2026