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.Budapest had been stalling the decision since December when Prime Minister Viktor Orban told EU leaders he wanted to wait for Donald Trump’s inauguration before deciding whether to agree to roll over the restrictions.

Hungary agreed at the last minute to approve the extension of sanctions against Russia. Budapest is expected to make the concessions in exchange for a statement addressing Hungary's concerns about the energy,

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.

BRUSSELS – Hungary removed its veto on the EU's six-month extension of Russia sanctions on Monday, but it may not be its last standoff. The deal was struck after the EU agreed to issue a joint, non-binding statement by top diplomat Kaja Kallas and the European Commission to support Hungary's energy security at Monday's meeting of foreign ministers.

European Union ambassadors are meeting in Brussels to address a Hungarian block on extending sanctions on Russia. Hungary's agreement is crucial for passing a statement on energy security and ensuring the continuation of sanctions.

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.

Hungary may approve the extension of sanctions against Russia in exchange for a statement that addresses the country's concerns about "energy security". — Ukrinform.

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 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.

BRUSSELS - The European Union renewed its wide-ranging sanctions on Russia on Monday for another six months after Hungary stopped holding up the move in return for assurances about energy security. Read more at straitstimes.

Budapest had threatened to allow billions of dollars to flow back to the Kremlin in a row over energy imports.