Continue Reading
Full article on OilPrice.com
EU Considers Emergency Steps to Restore Russian Oil Through Druzhba Pipeline
Market Intelligence Analysis
AI-Powered
Why This Matters
The European Commission is considering emergency steps to restore Russian oil flow through the Druzhba pipeline, damaged since late January, which affects Hungary and Slovakia. The EU is in contact with Ukraine regarding the pipeline's reparation and potential alternative routes. This development may impact oil prices and supply chains.
Market Impact
Market impact analysis based on neutral sentiment with 75% confidence.
Sentiment
Neutral
AI Confidence
75%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
A European Commission spokeswoman on February 17 confirmed that Brussels was in touch with Ukraine regarding the Druzhba pipeline that has been damaged since late January, preventing Russian oil from flowing to Hungary and Slovakia. "We are in contact with Ukraine on the timeline for reparation of the Druzhba oil pipeline and how quickly this might be up and running," Anna-Kaisa Itkonen told journalists in Brussels, adding the EU executive was ready to call an emergency coordination group with relevant parties to discuss alternative routes to fuel…
Original article published by
OilPrice.com
on February 18, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.