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Budapest blocks it. $142B cure. Dollar cracks first.

The news, distilled

Adrian Monck's avatar
Adrian Monck
Feb 23, 2026
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WTI $66 · DXY 98 · VIX 19 · GPR 164↑

Hungary’s veto threat against the EU’s 20th Russia sanctions package exposes the same unanimity vulnerability that Trump’s Section 122 tariff fallback exploits in reverse – single actors on both sides of the Atlantic now hold collective frameworks hostage, and the structural response in both cases is fragmentation, no…

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