EU Extends Russia Sanctions After Hungary Lifts Objections

Sanctions target trade, energy, and luxury goods amid tensions

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Posted Jan 27, 2025 10:37 AM CST

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EU Extends Russia Sanctions After Hungary Lifts Objections — Slovakia's Foreign Minister Juraj Blanar, right, speaks with Slovenia's Foreign Minister Tanja Fajon, second right, during a round table meeting of EU foreign ministers at the European Council building in Brussels, Monday, Jan. 27, 2025. (AP Photo/Virginia Mayo)

The European Union has extended its sanctions against Russia for another six months. This decision comes after Hungary agreed to the sanctions following initial objections related to energy security. The sanctions impact areas such as trade, finance, and energy, specifically banning the import of Russian seaborne crude oil and some petroleum products. They will remain in effect until at least July 31. Hungarian Prime Minister Viktor Orbán had called for EU intervention after Ukraine stopped Russian gas transit, increasing Hungary's energy costs.

Hungarian Foreign Minister Péter Szijjártó stated, "Hungary has received the guarantees it has requested concerning the energy security of our country." Approval from all 27 EU member states was needed for the sanctions to continue. In his initial days in office, President Trump urge Russian President Vladimir Putin to resolve the conflict and threatened significant sanctions if the war continues. (This story was generated by Newser's AI chatbot. Source: the AP)