Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Russian oil transit via Druzhba pipeline suspended, Ukraine foreign ministry says
    Finance

    Russian oil transit via Druzhba pipeline suspended, Ukraine foreign ministry says

    Published by Global Banking & Finance Review®

    Posted on February 12, 2026

    2 min read

    Last updated: February 12, 2026

    The image shows the aftermath of an Israeli airstrike in Gaza that claimed the lives of Al Jazeera journalists, including Anas Al Sharif. This tragic event highlights the ongoing conflict and its impact on press freedom.
    Scene depicting the aftermath of an Israeli airstrike that killed Al Jazeera journalists in Gaza - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:oil and gasInternational tradeenvironmental issues

    Quick Summary

    Ukraine halted Russian oil transit via the Druzhba pipeline after attacks on January 27, affecting Eastern Europe supply and raising environmental concerns.

    Ukraine Halts Russian Oil Transit via Druzhba Pipeline Amid Attacks

    Impact of Russian Attacks on Oil Transit

    KYIV, Feb 12 (Reuters) - Russian oil transit to eastern Europe via the Ukrainian part of the Druzhba oil pipeline has been suspended since January 27 owing to a Russian attack, the Ukrainian foreign ministry said on Thursday.

    Details of the Attack

    "This is the Druzhba pipeline infrastructure burning after the latest targeted Russian strike on January 27th, which stopped oil transit," Foreign Minister Andrii Sybiha said on X, adding photographs of firefighters against a backdrop of flames.

    Local Environmental Concerns

    Ukrainian oil and gas company Naftogaz reported on January 27 that Russia had attacked one of its facilities in eastern Ukraine but did not specify which one.

    Reactions from Hungary

    However, local officials in the city of Brody warned the population about pollution from burning oil products.

    Brody is where the Druzhba oil pipeline meets the Brody-Odesa oil pipeline, which was built to connect Druzhba to Black Sea oil terminals.

    The strike was a rare case of Russian forces attacking an oil pipeline through which Russia supplies oil to Europe.

    Ukraine, however, has repeatedly attacked Druzhba on Russian territory, causing oil pumping to stop and sparking protests from Hungary and Slovakia.

    Sybiha said that Hungary was preparing to complain again about problems with Russian oil transit through Druzhba.

    (Reporting by Pavel PolityukEditing by Louise Heavens and David Goodman)

    Table of Contents

    • Impact of Russian Attacks on Oil Transit
    • Details of the Attack
    • Local Environmental Concerns
    • Reactions from Hungary

    Key Takeaways

    • •Russian oil transit via Druzhba pipeline suspended by Ukraine.
    • •Suspension due to Russian attacks on January 27.
    • •Environmental concerns raised in Brody, Ukraine.
    • •Hungary prepares to complain about oil transit issues.
    • •Druzhba pipeline connects Eastern Europe and Black Sea terminals.

    Frequently Asked Questions about Russian oil transit via Druzhba pipeline suspended, Ukraine foreign ministry says

    1What is the Druzhba pipeline?

    The Druzhba pipeline is a major oil pipeline that transports crude oil from Russia to various countries in Europe, playing a crucial role in the energy supply chain.

    2What are the environmental concerns related to oil transit?

    Environmental concerns include pollution and potential damage to ecosystems caused by oil spills or leaks during transit, particularly in conflict zones.

    More from Finance

    Explore more articles in the Finance category

    Image for Exclusive-Italian tax police search Amazon in new tax probe, sources say
    Exclusive-Italian tax police search Amazon in new tax probe, sources say
    Image for London's FTSE 100 hits new peak as Schroders soars on buyout
    London's FTSE 100 hits new peak as Schroders soars on buyout
    Image for Howmet forecasts first-quarter profit above estimates on strong aerospace demand
    Howmet forecasts first-quarter profit above estimates on strong aerospace demand
    Image for UK intervenes in Daily Mail-Telegraph deal over public interest
    UK intervenes in Daily Mail-Telegraph deal over public interest
    Image for UK billionaire Ratcliffe says he is sorry people were offended by immigration comments
    UK billionaire Ratcliffe says he is sorry people were offended by immigration comments
    Image for 7 Tactics to Grow Wealth and Reduce Everyday Risk
    7 Tactics to Grow Wealth and Reduce Everyday Risk
    Image for Italian rail operator Italo picks Starlink for satellite internet on trains
    Italian rail operator Italo picks Starlink for satellite internet on trains
    Image for Analysis-Global shipping industry sticks with green investments, despite carbon price delay
    Analysis-Global shipping industry sticks with green investments, despite carbon price delay
    Image for ECB to extend its longest interest rate pause since below zero days- Reuters Poll
    ECB to extend its longest interest rate pause since below zero days- Reuters Poll
    Image for Steel sentiment boost reflected in M&A talks with Jindal, Thyssenkrupp CEO says
    Steel sentiment boost reflected in M&A talks with Jindal, Thyssenkrupp CEO says
    Image for Sweden to send fighter jets to patrol around Greenland as part of NATO's Arctic Sentry
    Sweden to send fighter jets to patrol around Greenland as part of NATO's Arctic Sentry
    Image for Mercedes CEO: mantra is now 'profitable growth'
    Mercedes CEO: mantra is now 'profitable growth'
    View All Finance Posts
    Previous Finance PostSterling nudges higher as economic data, political tensions dominate
    Next Finance PostEU summit to discuss lowering energy prices, common debt, Italy PM says