EU's Von Der Leyen: We made progress in meeting with Hungary but further work needed

  • That doesn't sound promising
  • Discussion with Orban was 'helpful to clarify issues related to sanctions and energy security'
  • We made progress but further work is needed

Multiple reports have done the rounds saying an EU deal to ban Russian oil is still coming but it's getting harder to believe with every passing day. Perhaps the oil market finally got the message today?

WTI crude oil is down $6.75 to $103.06.

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