Analysis
Democratic Security
V4 Builds a Defence-Tech Industry in a Garage. Ukraine Helps
5 March 2026
25 February 2026
Did Ukraine just apply Trump-style geoeconomic pressure on Budapest and Bratislava?
Yesterday marked the fourth anniversary of Russia’s full-scale invasion of Ukraine – and Hungary’s yet another decision to block a 90-billion-euro support loan for Ukraine. A day earlier, Budapest held up the long-awaited twentieth sanctions package against Russia’s shadow fleet, threatening diesel and electricity export bans to Ukraine unless Kyiv opens up Russian oil transit through the Druzhba pipeline. Kyiv called it blackmail and called on initiating the Early Warning Mechanism provided for in the Association Agreement. Slovakia, meanwhile, followed through on similar threats to halt emergency electricity supplies to Ukraine.
What is behind this standoff?
The immediate trigger for the latest standoff is the Druzhba (translates as ‘friendship’ from Russian) pipeline, a roughly 4,000-kilometre artery running from eastern Russia to Central Europe. It remains central to Hungarian and Slovak oil supply and both countries still benefit from European Union (EU) exemptions allowing imports of Russian Ural-type oil under specific conditions.