Hungary has threatened to block the latest package of sanctions against Russia unless it receives guarantees on the resumption of gas supplies through Ukraine.

The attack occurred near a key metering facility in the Kursk region of Russia which would be key to any resumption of gas pipeline shipments via Ukraine to countries including Slovakia and Hungary

Hungary's biggest bank, OTP Bank , increased its net profit last year to more than 1.0 trillion forints ($2.9 billion), bolstered by its business in Russia where profits increased by more than 40% to 137 billion forints.

Hungary is again challenging EU sanctions on Russia, pushing to remove key figures from the blacklist ahead of a fast-approaching deadline. With Slovakia aligning with Budapest, EU officials may have to scramble to find a compromise.

Hungarian Prime Minister Viktor Orbán, a staunch supporter of Trump and considered to be Russian President Vladimir Putin’s closest ally in Europe, refused to endorse part of the summit statement in favor of Ukraine and claims that it is the European Union who isolated itself,

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Oil supplies through the Druzhba pipeline from Russia to Hungary are halted due to a Ukrainian drone attack on a metering station on Russian territory, Hungarian Foreign Minister Peter Szijjarto said on March 11 on Facebook.

Shipment of crude oil via the Druzhba pipeline resumed on Tuesday afternoon after a suspension following a Ukrainian drone attack on a metering station, said Hungarian foreign minister Peter Szijjarto.

Euractiv, citing unnamed European diplomats, has reported that the European Union has not ruled out that Hungary may block the extension of sanctions against Russia this week, as they are set to expire on 15 March.

Shipments of Russian oil to Hungary were halted on Tuesday after Ukraine launched major drone strikes against Moscow, prompting Hungary to urge Ukraine “not to target the energy infrastructure supplying Hungary,

Hungary's biggest bank, OTP Bank , boosted its business with Russia last year, helping to bolster its profits, as rival European lenders came under increasing pressure to pare back their ties with Moscow due to its war in Ukraine.