Ample Reserves Shield Hungary and Slovakia from Oil Supply Risks

The European Commission reassures that Hungary and Slovakia face no immediate threats to their oil supply security, despite disruptions from Russian oil flows via Ukraine. Both countries have maintained sufficient emergency oil reserves to mitigate short-term supply risks.

The European Commission has allayed concerns over potential short-term threats to Hungary and Slovakia's oil supply security. This confidence remains despite the disruption in Russian oil flows through Ukraine.

A Commission spokesperson clarified on Tuesday that both nations are prepared with ample emergency oil reserves to buffer any immediate supply challenges.

Their strategic reserves assure a 90-day buffer, highlighting the EU's readiness to address energy security concerns within its member states.

(With inputs from agencies.)