The ministry pointed to the impact of U.S. sanctions targeting a “shadow fleet” exporting Russian crude, as well as restrictions on Serbian oil company NIS.
It also noted the shutdown of the Druzhba pipeline at the start of January due to the Russo-Ukraine war.
The ministry stressed that the government would do everything in its power in the interest of families and businesses to ensure the security of supply and stable vehicle fuel prices.
The government’s aim remains to guarantee that prices at the pump in Hungary are under the average of neighboring countries, it added.
The average price of petrol in neighboring countries stood at the equivalent of HUF 637/liter during the reference period, HUF 1 over the price in Hungary, while the price of diesel averaged HUF 654/liter, HUF 1 under the price at the pump in Hungary, the ministry said.
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