The EU will be able to renew its sectoral sanctions against Russia after Hungary abandoned its veto threat, which it had linked to energy concerns. View on euronews

The European Union renewed on Monday 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.

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.

Hungary has stopped delaying the renewal of European sanctions on Moscow, which may have detrimental consequences on its relationship with Russia.

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.

The European Union renewed its sanctions on Russia for another six months after Hungary received energy security assurances. Despite initial resistance, Hungary supported the decision, which prevents Moscow from financing its war efforts.

Hungary was expected on Monday to lift its block on the EU prolonging its sanctions on Russia, after weeks of stalling from Prime Minister Viktor Orban, diplomats said.

European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after Hungary signalled it would stop holding up the move in return for assurances about energy security.

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 returning to purchasing Russian gas through the EU, "Financial Times" reports, citing people familiar with EU negotiations. This would be part of a potential agreement that could end Russia's war against Ukraine.