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Russia's Transneft halts oil flows via Druzhba pipeline to Central Europe

Russian state pipeline operator Transneft reported that oil flows through the Druzhba pipeline to the Czech Republic, Slovakia and Hungary were suspended due to unpaid transit fees. The halt followed an inability to process payments through European banks under new sanctions.

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BusinessRussia's Transneft halts oil flows via Druzhba pipeline to Central Europe

Russian state pipeline operator Transneft reported that oil flows through the Druzhba pipeline to the Czech Republic, Slovakia and Hungary were suspended due to unpaid transit fees. The halt followed an inability to process payments through European banks under new sanctions.

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