Hungary has agreed to extend sanctions against Russia for another six months in exchange for an EU statement addressing Budapest's concerns about "energy security". Source: Politico, citing unnamed European diplomats,

The EU countries have reached a compromise on the extension of anti-Russian sanctions, Hungary is expected to withdraw objections to this decision in exchange for the provision of The EU on Energy security guarantees.

The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to multiple reports.

Sikorski believes that Budapest changed its mind after Trump called Russian dictator Vladimir Putin as an aggressor and threatened Moscow with sanctions if it did not engage in peace talks. It was the new US president's first clear position on Russia's war against Ukraine.

The European Union on Monday renewed its wide-ranging sanctions on Russia over the war in Ukraine after Hungary stopped holding up the move in return for a declaration on energy security. The bloc’s foreign policy chief,