Hungary’s Mol says it can source 80% of crude from non-Russian supply

Investing.comFriday, November 7, 2025 at 10:09:33 AM
Hungary’s Mol says it can source 80% of crude from non-Russian supply

Hungary’s Mol says it can source 80% of crude from non-Russian supply

Hungary's MOL Group has announced that it can now source 80% of its crude oil from non-Russian suppliers, marking a significant shift in its energy strategy. This move is crucial as it reduces Hungary's dependence on Russian oil, especially in light of ongoing geopolitical tensions. By diversifying its supply sources, MOL not only enhances national energy security but also aligns with broader European efforts to decrease reliance on Russian energy, making this development a positive step for Hungary's energy future.
— via World Pulse Now AI Editorial System

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