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Oil Flows Resume To Hungary And Slovakia After Strike

Oil Flows Resume To Hungary And Slovakia After Strike

August 20, 2025 12:21 pm

Oil shipments to Hungary and Slovakia via the Druzhba pipeline have resumed, officials from both countries confirmed late Tuesday, following a temporary halt caused by a Ukrainian drone strike on an oil pumping station in Russia’s Tambov region.

The attack was part of a broader Ukrainian effort to target Russia’s energy infrastructure, a critical source of revenue for Moscow’s war effort. Oil and gas sales make up roughly a quarter of Russia’s state budget, making such strikes strategically significant.

Despite broader EU efforts to reduce reliance on Russian energy, Slovakia and neighboring Hungary have remained dependent on crude supplied through …

Hungary Nabs Israeli-Led Money-Laundering Ring

Hungary Nabs Israeli-Led Money-Laundering Ring

June 1, 2022 4:36 am

The Hungarian police on Wednesday declared that they busted an international money-laundering ring based in Hungary led by an Israeli man that specialised in cheating people in dozens of countries through online investment frauds.

According to the country’s police spokesman, Peter Farkas, no fewer than 44 million euros ($47 million) were transferred from some 94 companies set up by the gang.

The gang was led by a 48-year-old Israeli man living in Hungary, one of five suspects arrested during coordinated raids on May 9 across Hungary.

The fraud schemes were typically online and related to so-called “account-switching” and cryptocurrency …

Boat Mishap in Hungary: 7 dead, 19 missing

Boat Mishap in Hungary: 7 dead, 19 missing

May 30, 2019 7:38 am

At least seven South Korean tourists have died and another 19 are missing after a tour boat sank on the Danube River in Budapest, according to the South Korean Ministry of Foreign Affairs.

Thirty-four people were on board the vessel when it collided with another large tourist boat in the Hungarian capital and capsized Wednesday at around 10 p.m. local time, according to CNN affiliate ATV.

The boats collided in the center of the city, near Hungary’s riverside Parliament Building and the Elisabeth Bridge.

Read Also: At least 10 dead as boat full of Haiti migrants sinks

Of the 33 …

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