seizes

March 6 (UPI) — Ukraine‘s foreign minister accused Hungary of kidnapping seven Ukrainian state bank employees and stealing the cash and gold they were transporting, and Hungary announced it would expel the bank staff.

Ukraine’s Oschadbank said on Thursday that two vehicles with seven employees and about $75 million were stopped in Budapest Thursday, and Kyiv has lost contact with the personnel. The vehicles were transporting cash and gold from Austria to Ukraine.

Budapest announced Friday that the seven bank employees would be expelled from Hungary, and accused the seven people detained of money laundering.

On Wednesday, Hungarian Prime Minister Viktor Orbán and Ukrainian President Volodymyr Zelensky traded threats and accusations. Budapest blamed Kyiv for blocking a Russian oil pipeline into Hungary, but Kyiv said the pipeline was damaged by a Russian air strike in January, the BBC reported.

One month before the Hungarian elections, Orban is trailing in polling.

“Today in Budapest, Hungarian authorities took seven Ukrainian citizens hostage,” Ukrainian Foreign Minister Andrii Sybiha said Thursday on X. “The reasons are still unknown, as well as their current well-being, or the possibility of contacting them. … We will also address the European Union with the request to provide a clear qualification of Hungary’s unlawful actions, hostage-taking, and robbery.”

In a Friday morning post, Sybiha called it “state banditism.”

“Political statements from Hungarian officials this morning show that the detention of seven Ukrainian citizens in Budapest was part of Hungary’s blackmail and electoral campaign,” the post on X said. “Orban’s list of demands for Ukraine this morning was particularly telling. This is what typically happens after people are taken hostage: demands. We will not tolerate this state banditism.”

Oschadbank released a statement calling for the release of its employees.

It said the employees “were unjustifiably detained in Hungary while carrying out a regular transport of foreign currency and bank metals between Raiffeisen Bank Austria and Oschadbank Ukraine. … Oschadbank demands the immediate release of its employees and property and their return to Ukraine.”

The bank said the vehicles carried $40 million in U.S. dollars, about $40.5 million in euros and about 20 pounds of gold. The transfer was part of an agreement with Raiffeisen Bank.

“The cargo was registered in accordance with international transportation rules and current European customs procedures,” Oschadbank said in the statement.

It’s not clear what has happened to the cash and gold, but the BBC reported that Polish Foreign Minister Radek Sikorski said, “they’ve stolen the money.”

Hungary alleges that the transport was part of a money laundering operation. The Hungarian National Tax and Customs Administration said that seven Ukrainian nationals were arrested, including a former Ukrainian intelligence general, with two armoured cash trucks also seized.

“This year alone, more than $900 million, $486 million (in euros), and 322 pounds of gold bars have been transported through the territory of Hungary to Ukraine,” the statement said.

Hungarian Foreign Minister Péter Szijjártó also posted on X: “The government demands immediate answers and explanations from Ukraine on the cash shipments through Hungary. The question arises whether this is the money from the Ukrainian war mafia,” Szijjártó said.

Ukraine has issued a travel warning for its people to avoid traveling through Hungary.

“The Ministry of Foreign Affairs recommends that Ukrainian citizens refrain from traveling to Hungary due to the lack of guarantees of their safety against the backdrop of arbitrary actions by the Hungarian authorities,” a statement said.

March 2 (UPI) — Belgium has seized a Russian oil tanker believed to be part of a shadow fleet of vessels the Kremlin uses to sell its energy products blocked by sanctions, Belgium’s defense minister said.

The armed forces of the European nation, with the support of French navy helicopters, boarded the oil tanker in the North Sea over the weekend, Defense Minister Theo Francken said in a statement.

The vessel was being escorted to the Belgian port city of Zeebrugge where it would be seized by authorities, he said.

French President Emmanuel Macron, who announced that French helicopters were used in Operation Blue Intruder, published a 23-second video online of clips from the night siege edited together, showing soldiers rappelling down ropes from a helicopter to the vessel’s deck.

Macron described the mission as having dealt “a major blow to the shadow fleet.”

“Europeans are determined to cut off the sources of funding for Russia’s war of aggression in Ukraine by enforcing sanctions,” he said.

The vessel was identified by Belgian federal prosecutors as the Guinean flag-flying Ethera. The federal prosecutor’s office said it has opened an investigation into potential violations of the Belgian Navigation Code.

The office said an on-board inspection confirmed evidence of a “false flag,” public broadcaster RTBF reported, which said the operation was conducted over Saturday night and into Sunday morning.

The vessel had departed the Moroccan west coast port city of Mohammedia on Feb. 21 and arrived in Zeebrugge on Sunday morning, according to Marinetraffic.com.

British, European and U.S. governments had all previously sanctioned the vessel.

Ukrainian President Volodymyr Zelensky said despite its repeated blacklisting, Ethera continued to illegally transport Russian oil with the use of a false flag and forged documents.

“We welcome this strong action against Moscow’s floating purse and thank France for supporting the operation,” he said in a social media statement.

“We must be resolute. Russia operates like a mafia organization, and the response must match that reality,” he continued, calling for modern European laws permitting tankers carrying Moscow oil to be seized and its oil repurposed for Europe’s security.

“If they reject the rules for the sake of war, the rules must foresee a clear and firm answer.”

The seizure comes as Europe has been targeting Russia’s shadow fleet of vessels to further increase the impact of sanctions.

Western allies have imposed thousands of sanctions on Russia over its four-year invasion of Ukraine. It is now the most blacklisted in the world.

Oil is a significant revenue source for the Kremlin, and Ukraine’s allies are trying to hinder is ability to pay for its war.

This shadow fleet consists of between 600 and 2,500 ships, according to an October 2025 document from the European Union. An S&P Global report from the month before estimated the fleet consisted of 978 tankers alone. Meanwhile, a Brookings report estimated the fleet comprised 343 tankers, though stating its true scope is likely far larger.

With the seizure, Belgium is the second European nation to detain a tanker of Russia’s shadow fleet. France became the first in January when its forces seized the Grinch oil tanker.

Feb. 24 (UPI) — The U.S. military seized a third oil tanker moving from the Caribbean Sea to the Indian Ocean, the Pentagon said Tuesday.

The Bertha, a ship flying the Cook Islands flag, was intercepted overnight in the U.S. Indo-Pacific Command region after the Defense Department said it attempted to evade U.S. forces.

“International waters are not a refuge for sanctioned actors. By land, air, or sea, our forces will find you and deliver justice,” the Department of Defense said in a post on X. “The Department of War will deny illicit actors and their proxies freedom of maneuver in the maritime domain.”

The department alleges that the ship was “operating in defiance of President [Donald] Trump’s established quarantine of sanctioned vessels in the Caribbean.”

The Cook Islands is a nation of 15 islands located in the South Pacific.

Two more oil tankers were seized in the Indian Ocean by the United States earlier this month.

On Feb. 9, the military pursued an oil tanker from the Caribbean Sea to the Indian Ocean without incident.

On Feb. 14, another oil tanker was captured. The Veronica III was the ninth oil tanker the United States had intercepted or seized that was linked to Venezuela since Dec. 10.

The United States has enforced a blockade on oil tankers from Venezuela since Dec. 10. The initial operation was meant to pressure President Nicolas Maduro to step down. In January, the U.S. military captured and detained Maduro and his wife.

Feb. 24 (UPI) — Panama authorities have taken control of two ports operated by a subsidiary of a Hong Kong company, assets that came under scrutiny after President Donald Trump claimed China exerted too much influence over their operation.

Hong Kong-based conglomerate CK Hutchison Holdings condemned the Monday takeover in a statement on Tuesday that said the actions of Panama were “unlawful” and raised risks to the operations, health and safety of the Balboa and Critobal terminals that its subsidiary, Panama Ports, has been operating for decades.

“None of the actions by the Panama State were advised to or coordinate with PPC,” Hutchison Holdings said.

“The Panama State is responsible for harm and damage caused by the confiscatory actions it has taken.”

On Monday morning, Panama’s official gazette published a late-January Supreme Court ruling that made final the court’s decision that the contract law granting Panama Ports Company’s concession extension to operate the ports was unconstitutional.

The ruling came in a pair of lawsuits filed challenging the contract, which was issued by the Maritime Authority of Panama on June 23, 2021. According to a statement from the Panama presidency’s office, the contract was found unconstitutional because it gave a foreign-based company broad rights that limited the state’s control over the use and management of its resources.

After the gazette was published, Panama authorities arrived at the two ports and informed representatives of the Panama Ports Company that it must cease operations, and that those who do not comply with their orders will be prosecuted.

“PPC and CKHH will continue to consult with their legal advisors regarding the ruling and forceful takeover, the purported termination of PPC’s concession and all available recourse, including additional national and international legal proceedings against the Republic of Panama and its agents and third parties colluding with them,” CK Hutchison Holdings said.

The two ports and their Hong Kong connection were thrust into the spotlight on the first day of Trump’s second presidency, when in his inaugural address he said the United States has been “treated very badly” by Panama and that “China is operating the Panama Canal.”

Trump has repeatedly made the claim since, drawing attention to the Hong Kong-based conglomerate that has operated the two ports since 1997.