Hungarian Prime Minister Viktor Orban threatened on Friday to block the next rollover of EU sanctions against Russia unless Brussels helps achieve a restart of Russian gas transit via Ukraine, which was halted on Jan.

The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to multiple reports.

The European Union agreed a 6-month extension Monday for a raft of sanctions aimed at depriving Russia of funds to finance its war against Ukraine after Hungary lifted its objections to the move. The sanctions target trade,

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.

Hungary's representatives have not yet agreed to a decision on the extension of EU sanctions against Russia. The issue will be considered at an EU Council meeting at foreign minister level on Monday,

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.

BRUSSELS (Reuters) -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.

Hungary wants the European Union to intervene in a gas dispute it has with Ukraine, a potential sign of friction in the bloc’s upcoming discussions over renewing sanctions against Russia.

The sanctions up for renewal include all sector-based bans on trade as well as the measures that immobilised Russia's central bank assets. Legally, EU countries must unanimously vote to renew these restrictions every six months.