Hungary, Serbia To Ink Oil Pipeline Deal With Russia

Hungary and Serbia are set to sign an agreement with Russia to build an oil pipeline, Hungary's foreign minister has said.

The deal, which was announced by Péter Szijjártó, the Minister of Foreign Affairs of Hungary, will see the construction of a pipeline from Russia to Serbia via Hungary.

Szijjártó said that the agreement would be signed during a visit by Russian President Vladimir Putin to Budapest on Friday.

He said that the pipeline would be used to transport Russian oil to Serbia, and that it would be a "strategic project" for both countries.

The deal is likely to be seen as a sign of closer ties between Hungary and Russia, which have been growing in recent years.

Hungary has been a vocal critic of the European Union's sanctions on Russia, and has called for them to be lifted.

Serbia has also been criticized for its close ties to Russia, and has been accused of being too dependent on Russian energy.

The oil pipeline deal is likely to further strengthen ties between the two countries, and could also lead to increased cooperation in other areas.

The deal is also likely to be seen as a blow to the European Union, which has been trying to reduce its reliance on Russian energy.

The EU has been trying to diversify its energy sources, and has been looking to countries such as Azerbaijan and Turkmenistan to supply gas.

However, the oil pipeline deal between Hungary and Serbia could make it more difficult for the EU to achieve its goals.