“The closure of the Hormuz Strait, through which 25% of oil and gas exports pass, would cause a massive crisis in the supply of natural resources,” Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó wrote on his X account, APA reports.
He spoke about the steps that must be taken to prevent such a scenario:
“Iran has threatened to close the Strait of Hormuz, where 20 to 25% of global oil & gas passes. In such a fragile situation, any EU ban on energy imports could trigger a massive supply crisis. The European Union should drop RepowerEU entirely. Even mentioning it is irresponsible.”
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