Hungary’s new PM aims to cut Russia energy ties, but it won’t be cheap

Peter Magyar’s victory signals a plan to reduce Hungary’s Russian energy dependence, but the shift will be costly and technically challenging due to reliance on Druzhba oil, Gazprom gas, and Rosatom nuclear power. Alternatives exist, like the Adriatic pipeline and the European grid, but they bring higher prices and require EU negotiations; Hungary is targeting ending Russian gas by 2035, not the EU’s 2027 deadline, and will likely press for structural funds to ease the transition.