Hungary After Orbán

Péter Magyar's landslide victory reshapes European diplomacy overnight, with signals on Ukraine aid, Russian energy ties, and the end of Budapest's obstructionist era. The EU doubles steel tariffs to 50% to fend off cheap Chinese imports. A US naval blockade of Iran raises the spectre of another energy-price shock for Europe. And a Swiss bar fire that killed 41 people exposes troubling gaps in Alpine resort safety oversight.