As Hungary stands steady, the EU will debate a watered-down oil embargo on Russia

After failing to reach an agreement on Sunday, the European Union will work on an agreement to impose a Russian oil embargo on Monday.

Hungary, a significant user of Russian oil and whose leader Viktor Orban is friends with Russian President Vladimir Putin, is holding up the discussions.

Over the weekend, Budapest expressed support for a European Commission proposal that would impose sanctions only on Russian oil imported b....