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

The EU has renewed sanctions against Russia despite Hungary's initial objections, following assurances on energy-related issues and amidst Belarus election controversy.

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

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,

BRUSSELS - European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after Hungary signalled it would stop holding up the move in return for assurances about energy security.

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,

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 European Union renewed on Monday its wide-ranging sanctions on Russia over the war in Ukraine, after Hungary stopped holding up the move in return for a declaration on energy security.