Magyar Nemzet

Gazdaság & Pénzügy

World on Brink of Oil Price Explosion Due to Middle East Conflict

Magyar Nemzet

2025. június 17. 10:40

The war in the Middle East could further increase oil prices, leading to serious economic consequences worldwide — and Hungary will not be spared either. In an interview with Magyar Nemzet, Oliver Hortay, head of the Energy and Climate Policy Division at Szazadveg, warned that if the conflict affects oil supply, prices could easily soar above $100, and rising energy costs could ripple through the Hungarian economy as well.

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