In response to the Israeli air strike on Iran last week, oil prices rose about 10 per cent on the international commodity markets, which, in turn, raised gas prices in the US. This is not good news for the Trump administration, as so far it has been served well by low gas prices and favourable monthly inflation reports.

Hungary is demanding the EU suspend its plan to ban Russian energy imports in light of the Middle East war, warning that further supply shocks could cripple the European economy. Prime Minister Viktor Orbán urged Brussels to reassess the risks.

In its ‘Beyond the Óperencia’ series, Magyar Krónika is looking at the meeting points of America and Hungary, and at Hungarians in America, from penniless peasants to political emigrants and soldiers of fortune. In this part, let us explore the Kossuth emigration that made such a deep impression on American society that the ‘Hungarian cult’ was still thriving in the United States even more than ten years after the Hungarian governor-president’s tour.

‘Although a certain acceleration in disbursements is expected in the remaining year, it still seems certain that leaving the 2026 deadline unchanged will mean the loss of billions of euros. In light of all this, there is a strong possibility that the Commission’s decision of 4 June, according to which projects must still be completed by 31 August 2026, is not the final word on the matter.’

‘The idea first became a plan, then a highly acclaimed, successful advertising campaign…for which they needed to find a cow…The photographer accepted the assignment and travelled all over the Alps until he found the ideal model in the Simmental Valley. The animal was painted purple under strict veterinary supervision and then photographed. It has been Milka’s advertising cow ever since.’

‘Operation Spiderweb has a more profound impact than simply enabling the Ukrainians to secure a decisive military victory over Russia; it sets a new precedent for warfare. Cheap $400 drones can be used to surgically strike enemy targets while either minimizing or preventing collateral damage. This leads to startling possibilities, both good and bad.’

‘Building a community under these circumstances is difficult, Winer admitted…He stressed that explaining the importance of community to young people is crucial. Many question what the church offers them and why it is important for their children to know Petőfi (one of the most famous Hungarian poets), as they will still be able to work without this knowledge.’