Deal Reached for New Non-Russian Power Source for Europe

Hungarian Prime Minister Viktor Orban (L) shakes hands with Romanian President Klaus Iohannis (R) as European Commission President Ursula von der Leyen (C) smiles at the Cotroceni presidential palace in Bucharest, Romania, on Dec. 17, 2022. Vadim Ghirda/AP Photo

BUCHAREST, Romania—The leaders of Hungary, Romania, Georgia, and Azerbaijan finalized an agreement Saturday on an undersea electricity connector that could become a new power source for the European Union amid a crunch on energy supplies caused by the war in Ukraine.

The agreement involves a cable running beneath the Black Sea that would link Azerbaijan to Hungary via Georgia and  v.