EU Approves $90B Loan to Ukraine, Sanctions Russia

0:00On April 23rd, EU leaders just greenlit a 90 billion-year-old loan to Ukraine and their 20th sanctions package against Russia after months of, hold us from Hungary and Slovakia. The snag was the Druzeba pipeline, which pumps Russian crude oil through Ukraine to those landlocked countries, covering most of their supply. Hungary's Prime Minister Viktor Orbán called it Energy Blackmail and vetoed the deals until repairs from Russian attacks got done, even though Hungary won't chip in on the loan. Now with fixes complete, Ukraine's operator plans to restart oil flow by Thursday morning, and both nations say they're ready to approve everything without delay. This clears the path for Ukraine's funding through 2027 and fresh pressure on Russia right around the invasion's fourth anniversary. That's your update from US News Today, powered by AI.