The European Union should end sanctions against Russia because Donald Trump’s administration is poised to usher in a “new era” from next week, said Hungarian Prime Minister Viktor Orban.

Orban defended his key aide in his first remarks on the matter since the U.S. imposed sanctions on Rogan for alleged corruption earlier this month. Orban's cabinet office has dismissed the U.S. move as the "last,

Sanctions issued by the United States last week against a powerful Hungarian official with close ties to Prime Minister Viktor Orbán have “strengthened” that official's standing within the populist government,

Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies from Moscow, trade sources said on Thursday.

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.

It is India's first tender for sour crude imports since March 2022. IOC and other Indian refiners have significantly increased purchases of Russian oil over the past two years, taking advantage of discounted prices after the West imposed sanctions on Moscow over its full-scale invasion of Ukraine in 2022.