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Concerns over potential damage to the Druzhba pipeline may cause fluctuations in oil supply expectations, increasing Brent crude price volatility.
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Hungarian Prime Minister Viktor Orbán has asked the European Union to organize a mission to inspect the condition of the Druzhba oil pipeline. The request aims to verify reported damage to the pipeline, which supplies oil to several European countries. The inspection could affect energy security and supply stability in the region amid ongoing tensions involving Russia and Ukraine.