Hungary said the US decision to sanction Gazprombank jeopardizes the energy security of some central European countries, elevating the risks of an early cutoff of Russian natural gas to the continent.

Hungarian Foreign Minister Péter Szijjártó has said that the US sanctions against Gazprombank, a private-owned Russian bank, threaten the energy security of some Central European countries.

By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) - New U.S. sanctions on Moscow may shut down the only way European customers can pay for Russian gas, increase volatility on Russia's FX market and push Moscow closer to Beijing's orbit,