Orban concedes defeat as opposition party wins Hungarian parliamentary majority

Hungary is undergoing a major political shift, with Prime Minister Viktor Orban conceding defeat in the parliamentary elections. A new escalation is looming after peace talks between Tehran and Washington failed, as the U.S. president threatens to blockade the Strait of Hormuz. Meanwhile, the Chinese community in Spain is calling for stronger ties between the two countries, as the Spanish prime minister makes his fourth trip to China for talks on trade and technology.