Fuel crisis hits Hungarian freight operator as Hormuz disruption bites

This is a reminder that a chokepoint far from Europe transmits into real operating costs for road freight, and that smaller, thinly capitalised carriers absorb it first. A roughly 200-truck Hungarian operator sits in the segment with the least fuel hedging and the thinnest margin buffer, so the pressure is operational rather than financial-market in nature. The open question is whether the Hormuz disruption proves short enough for such firms to ride out on working capital, or whether sustained diesel scarcity starts reshaping European road capacity and cross-border freight rates.