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 has agreed to prolong for 6 months a raft of sanctions aimed at depriving Russia of funds to finance its war against Ukraine

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.

Kaja Kallas, the European Union's top diplomat, has hinted that the statement about energy security for Hungary, which in exchange supported the extension of sanctions against Russia, was symbolic. Source: Kallas at a press conference in Brussels on Monday,

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 fate of the European Union’s sanctions against Russia were thrown into limbo after a top Hungarian official called for a “debate” and signaled their renewal by the end of the month shouldn’t be automatic.

Hungary wants the European Union to persuade Ukraine to resume gas transit from Russia to Europe, Prime Minister Viktor Orban said on Friday, signalling a tough debate as the EU seeks to extend its sanctions against Russia over the coming week.

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

Hungary avoided a clash with the EU thanks to a last-minute deal that secures its access to Russian gas at a closed-door meeting on January 27. Hungarian Foreign Minister Péter Szijjártó has stated that Hungary agreed to extend sanctions against Russia after the EU provided it with 'commitments' related to energy security,