Hungary’s outgoing Prime Minister Viktor Orban said he would not take up his seat in parliament following his party’s landslide defeat in this month’s election but wants to stay on as Fidesz’s leader to lead a process of “renewal”. The most dominant figure in Hungarian politics since the fall of communism in 1989, Orban has sat in Hungary’s legislature for 36 years without interruption, serving as prime minister for the past sixteen years. “I’m not needed in parliament now but in the...

Russian strikes across Ukraine killed at least six people, officials said on Saturday, most of them in an attack on a residential building in the eastern city of Dnipro. Over 30 people were injured, the Ukrainian Foreign Ministry said. Ukraine’s General Staff said Russia launched 47 ballistic and cruise missiles as well as 619 drones of various types. Ukraine has been warding off a full-scale Russian invasion since February 2022. Air raid sirens sounded across the country with residents urged to...

An unusual series of cargoes of military-grade fuel that is due to sail from the US across the Pacific Ocean illustrates how far the war in Iran has disrupted the global oil supply chain. A request for offers to ship 235,000 barrels of jet fuel from Cherry Point in Blaine, Washington, where BP has a refinery, to Subic Bay in the Philippines, a strategic access point and logistics hub for US naval operations, was issued on Thursday, according to a document seen by Bloomberg. The cargo is...