Hungarian Oil Company Comes Up With an Unlikely Pipeline Plan
Hungarian Prime Minister Viktor Orban is campaigning for re-election by vowing to block Ukraine's European Union accession and by railing against Brussels for its support for Kyiv. He also opposes a push to end Russian energy imports by 2027. That makes oil importer Mol's plan to wean itself off Russian crude all the more unusual.
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News24
10 minutes ago
- News24
3 soldiers, 25 civilians dead as Russia strikes Ukraine, grabs two more villages
Three Ukrainian soldiers were killed in a Russian strike on a training camp. 25 people were killed in a strike on the Bilenkiska penal colony. Russia launched 37 drones and two missiles. A Russian strike on a military training camp killed at least three Ukrainian soldiers on Tuesday, following an overnight offensive in the south that killed a pregnant woman and a dozen prisoners. The Kremlin has come under intense pressure to end its war on Ukraine, now in its fourth year, with US President Donald Trump issuing a 10-day ultimatum to act or face sanctions. On social media, the Ukrainian army said a Russian missile hit one of the ground force's training units, without specifying the location. At least 'three servicemen are dead and 18 wounded', it said on Tuesday. Over the previous night, a series of Russian attacks killed at least 25 civilians, including a 23-year-old pregnant woman and more than a dozen inmates at the Bilenkiska penal colony in southern Zaporizhzhia region. Ukrainian President Volodymyr Zelensky accused Russia of deliberately targeting the prison, which the justice ministry said killed 17 people and wounded another 42. The Kremlin denied the claim, with spokesperson Dmitry Peskov telling reporters, 'the Russian army does not strike civilian targets.' The attacks came hours after Trump said he was shortening the deadline for Russian President Vladimir Putin to halt the war from 50 days to 10-12 days. Hours later, Trump solidified the 10-day timeline, threatening 'tariffs and stuff', while also conceding to not knowing if the measures would work. Peskov said Moscow had 'taken note', and that it remained 'committed to the peace process to resolve the conflict around Ukraine and secure our interests'. The Ukrainian air force said Russia launched 37 drones and two missiles overnight into Tuesday, with 32 of the drones successfully downed. Francisco Richart Barbeira/NurPhoto via Getty Images Zelensky also accused Russia of targeting a hospital in the town of Kamyanske in Dnipropetrovsk region, killing three people and wounding 22. Other Russian attacks killed six in the Kharkiv region, where the city of Kharkiv faced another attack at dawn on Wednesday. 'Putin is rejecting a ceasefire, avoiding a leaders' meeting and prolonging the war,' Ukrainian Foreign Minister Andriy Sybiga wrote on social media. He will only end his terror if we break the spine of his economy. Andriy Sybiga Sybiga called on Western allies to impose sanctions. Kyiv has been trying to repel Russia's summer offensive, which has made fresh advances into areas largely spared since the start of the invasion in February 2022. The Russian defence ministry claimed advances across the front line on Tuesday, saying its forces had taken two more villages - one in the Donetsk region, and another in Zaporizhzhia. Tuesday's prison strike fell on the third anniversary of an attack on the Olenivka detention centre in Russian-occupied Donetsk. Ukraine and Russia traded blame for that nighttime strike, which Kyiv said killed dozens of soldiers who had laid down arms after a long Russian siege of the port city of Mariupol.
Yahoo
37 minutes ago
- Yahoo
Ferrari renews team principal Fred Vasseur's contract despite a difficult F1 season
BUDAPEST, Hungary (AP) — Ferrari handed team principal Fred Vasseur a new contract on Thursday in a sign of 'trust in Fred's leadership' following speculation about his future, with the Italian team yet to win a Formula 1 race in 2025. In an announcement ahead of the Hungarian Grand Prix, Ferrari said the new deal was a 'multiple-year contract,' without giving further details. Lewis Hamilton gave Vasseur his backing last month after reports in Italian media suggested his job could be in question. Ferrari last won a race in October and neither Hamilton nor Charles Leclerc has consistently been able to challenge the leading McLaren drivers. 'Today we want to recognize what has been built and commit to what still needs to be achieved,' Ferrari chief executive Benedetto Vigna said in a statement. 'It reflects our trust in Fred's leadership — a trust rooted in shared ambition, mutual expectations and clear responsibility. We move forward with determination and focus, united in our pursuit of the level of performance Ferrari has to aim for.' Vasseur joined Ferrari as team principal at the start of 2023. He was Hamilton's team boss in junior series in the mid-2000s and played a role in convincing the seven-time champion to leave Mercedes for Ferrari for 2025 in a move which shook up F1. Vasseur also previously worked with Renault and Sauber in F1. Hamilton, who hasn't finished on the podium in a Grand Prix race since joining the Italian team, has been holding meetings with senior executives to push for improvements and a voice in developing the team's car for 2026. ___ AP auto racing:
Yahoo
37 minutes ago
- Yahoo
Ferrari team principal Fred Vasseur signs new multi-year contract
Lewis Hamilton's Ferrari boss, Fred Vasseur, has signed a new multi-year deal with the Italian Formula One team. Vasseur's position has been under scrutiny this season with Ferrari yet to land a single win outside of Hamilton's sprint victory in China in March. Former Red Bull team principal Christian Horner has even been linked with the job since he was ousted earlier this month. However, in a statement released ahead of this weekend's Hungarian Grand Prix – the concluding round before the summer break – Ferrari said in a statement: 'Scuderia Ferrari HP is pleased to announce that it has extended, with a multiple-year contract, its agreement with Fred Vasseur, who will continue as team principal for the coming Formula One seasons. 'Fred joined the Scuderia at the beginning of 2023, bringing with him extensive motorsport experience and a proven ability to develop talent and build competitive teams across all levels of racing. Since then, he has laid a solid foundation with the ambition of returning Ferrari to the top of Formula One. 'Renewing Fred's contract reflects Ferrari's determination to build on the foundations laid so far. His ability to lead under pressure, embrace innovation, and pursue performance aligns fully with Ferrari's values and long-term ambitions. 'Under Fred's leadership, Scuderia Ferrari HP is united, focused, and committed to continuous improvement. The trust placed in him reflects the team's confidence in its strategic direction and reinforces a shared determination to deliver the results that Ferrari's fans, drivers, and team members expect and deserve.' Since his transfer from Mercedes, Hamilton has not landed a grand prix podium in Ferrari colours – a streak of 13 races – the deepest into the season he has ever gone without a top-three finish. He is sixth in the standings, 157 points off the championship pace and 30 points behind team-mate Charles Leclerc. Ferrari are second in the constructors' standings. Hamilton said at last week's round in Belgium that he had staged meetings with all of Ferrari's key figures – including chairman John Elkann, CEO Benedetto Vigna and Vasseur – and submitted two documents outlining his vision as to why the Italian giants are not up to speed. Ferrari's last world drivers' title came in 2007, with their most recent constructors' crown the following year. 'Today we want to recognise what has been built and commit to what still needs to be achieved,' said Vigna. 'It reflects our trust in Fred's leadership — a trust rooted in shared ambition, mutual expectations and clear responsibility. 'We move forward with determination and focus, united in our pursuit of the level of performance Ferrari has to aim for.' Frenchman Vassuer continued: 'I'm grateful for the trust Ferrari continues to place in me. This renewal is not just a confirmation — it's a challenge to keep progressing, to stay focused, and to deliver. 'Over the past 30 months, we've laid strong foundations, and now we must build on them with consistency and determination. We know what's expected, and we're all fully committed to meeting those expectations and taking the next step forward together.'
