U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking alternative payment methods, such as using other banks or currencies, could heighten risks and complexity, driving up hydrocarbon prices. Alexander Frolov from the Institute of National Energy clarified that direct ruble payments remain unaffected but noted secondary sanctions could pose risks for European companies. FG Finam’s Alexander Potavin highlighted the possibility of price surges and supply disruptions due to added complications. Despite these concerns, Hungary’s Foreign Ministry emphasized that its gas supply agreements with Russia remain stable. Gazprombank stated that sanctions will not disrupt its operations. Eurostat data shows the EU significantly increased its Russian gas imports in 2024, with Italy, Hungary, Greece, and Slovakia leading purchases, totaling over €10 billion between January and September.