EU Sanctions Push: The EU is racing to agree on a 21st Russia sanctions package by 8–9 June, with proposals focused on Russian oil revenues (including locking the price cap), new curbs on shadow fleet activity, and possible added pressure on firms like Lukoil and Rosneft. Ukraine Accession Reset: Hungary signals it may lift its veto on Ukraine and Moldova EU talks, with the first negotiating “cluster” planned for a Luxembourg intergovernmental conference on June 15. Hungary–France Coordination: Péter Magyar meets Emmanuel Macron at the Élysée on Wednesday to align on Ukraine support, sanctions, European security and competitiveness, plus EU budget planning. Defense Industry Deal: Rheinmetall secured a major Romania contract worth €5.7bn for Lynx vehicles, Skyranger air defense, ammunition and naval vessels, with deliveries slated for 2028–2030. Energy Corridor Talk: Azerbaijan’s deputy minister says the country is becoming a key bridge for energy routes linking Central Asia to Europe, pointing to projects with partners including Hungary. Hungarian Dairy Pressure: Hungary’s dairy sector faces acute strain as milk prices collapse, pushing many farms into losses and raising calls for faster market and government action. Research Collaboration: HUN-REN and CUHK launch six joint research projects in areas including health, AI and energy storage. Banking Watch: The MNB says Hungary’s banking system is stable but flags rising risks in home lending as loan-to-value ratios increase. Aviation Demand: Wizz Air reports a sharp May passenger rebound, with capacity and load factor improving year-on-year. EU Rule-of-Law Visit: EU Commissioner McGrath visits Budapest to discuss reforms ahead of the 2026 rule-of-law report.