A Democratic congressman called on the Biden administration to consider all tools to ensure Hungary supports a ban on Russian oil US Congressman Raja Krishnamoorthi (D-Illinois) has urged the Biden administration to consider sanctioning Hungary over its reluctance to approve the EU ban on Russian oil.
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Berlin replaced Russian gas with costlier alternatives, with the country’s industrial sector bearing the brunt of higher prices Germany’s decisions since the start of the Ukraine conflict nearly two years ago have cost the country more than €200 billion ($216 billion), the president of the German Institute for Economic Research, Marcel Fratzscher, has estimated. The…
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