Russia would like to see a resumption in the transit of gas via Ukraine, the Kremlin said on Tuesday, after the European Commission issued a statement saying it planned to continue talks with Kyiv on natural gas supplies to Europe.
Before reupping the sanctions, Budapest wanted to wait for Trump's inauguration, then insisted Brussels push Ukraine to reopen a gas pipeline running to Central Europe.
Before relenting, Budapest had threatened to allow billions of dollars to flow back to the Kremlin in a row over energy imports.
Hungary has stopped delaying the renewal of European sanctions on Moscow, which may have detrimental consequences on its relationship with Russia.
European Union foreign ministers agreed on Monday to extend sanctions on Russia over its war against Ukraine after Hungary lifted its opposition to the move.
Should EU foreign ministers fail to renew the sanctions by January, diplomats say there is still enough time to call an had-hoc emergency EU summit
The EU Council extended sanctions against Russia on Monday after Hungary refrained from exercising a potential veto. Minister of Foreign Affairs and Trade Péter Szijjártó stated that the gov't received the guarantees it sought concerning energy security.
Jazeera Airways, Kuwait’s leading low-cost airline, has announced the launch of three new routes for summer 2025. Building on the recently unveiled Kuwait-to-Budapest route, the airline will commence direct flights to Sochi, Russia, and Hurghada, Egypt in the coming summer season.
The European Union renewed its wide-ranging sanctions on Russia on Jan 26 for another six months. Read more at straitstimes.com.
Hungarians risk jeopardizing a special relationship with the US if they vote out Prime Minister Viktor Orban in elections next year, said US President Donald Trump’s former envoy to Budapest.Most Read
Officials in Brussels are considering the possibility of resuming the purchase of Russian gas through the EU, "Financial Times" reports, citing sources familiar with EU negotiations. This would form part of a potential agreement intended to end Russia's war against Ukraine.