EU

Hungary’s foreign minister privately shared sensitive European Union discussions with Russia and worked with Moscow to try to remove sanctioned Russian individuals, banks, and companies from EU blacklists.

Hungary has recovered and returned less than a fifth of EU funds flagged for potential fraud over the past decade, according to data from the bloc’s anti-fraud watchdog reported by the Financial Times. 

New details have emerged about the seizure of two armored bank vehicles by Hungarian officials earlier this month, including allegations that the then-detained Ukrainian bank workers were beaten and injected with an unknown substance.

China remains the destination for about 90 percent of Iranian crude exports despite a recent U.S. sanctions waiver intended to release previously restricted oil onto global markets.

An Italian member of the European Parliament denied taking bribes from Huawei as lawmakers weigh whether to strip him of parliamentary immunity in a Belgian corruption investigation.

Russia is reaping a financial windfall from the U.S.-Israel war against Iran, as supply disruptions in the Middle East drive up global fertilizer prices and sharpen debate in Europe over whether to ease curbs on Russian exports.

An Irish alumina refinery owned by Russian metals group Rusal is part of a supply chain that appears to end with Russian arms manufacturers involved in the war in Ukraine, according to new reporting by The Guardian that cites leaked records and public trade data.

Companies owned by 13 men close to Hungarian Prime Minister Viktor Orbán won more than €28 billion in public contracts from 2010 to late 2025, according to a Financial Times investigation based on an analysis of nearly 350,000 state procurement contracts.

The European Commission is preparing to unveil an action plan against digital fraud before the summer as it seeks to strengthen the European Union’s response to a surge in online scams and cyber-enabled financial crime.

A trader identified by The Wall Street Journal as a central figure in Russia’s shadow fleet has revived his oil business after the Iran war disrupted supplies from the Persian Gulf and boosted demand for Russian crude that had been stranded at sea.