Hungarian Prime Minister Viktor Orban threatened on Friday to block the next rollover of EU sanctions against Russia unless Brussels helps achieve a restart of Russian gas transit via Ukraine, which was halted on Jan.

Hungarian Prime Minister Viktor Orbán has once again threatened to veto EU sanctions against Russia in six months if Ukraine does not resume the transit of Russian gas by then, which he claims he was guaranteed to be restored.

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

The sanctions target trade, finance, energy, technology, industry, transport and luxury goods and include a ban on seaborne crude oil.

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,