EU proposes new sanctions on Russian oil and gas, facing opposition from Hungary

The European Union is proposing a new, broad package of sanctions aimed at weakening Russia's oil and gas revenues. The plan includes measures to ban more Russian oil and target ports in countries like Georgia and Indonesia that are handling Russian oil.

Hungary, which has opposed previous energy sanctions, is strongly criticizing the new proposal and has filed a lawsuit against the EU's existing ban on Russian energy. The EU is also seeking input from the G7 group of nations on its price cap policy before finalizing the new sanctions.