Hungary’s tax authority has said it has arrested seven Ukrainians and two cash-transport vehicles on suspicion of money-laundering after Ukraine’s foreign minister accused Budapest of taking them hostage.

“The reasons are still unknown, as well as their current well-being,” Andrii Sybiha wrote on X. “We have already sent an official note demanding an immediate release of our citizens.”

According to Ukraine’s state savings bank, Oschadbank, the seven workers were in two vans carrying $80m (£60m) worth of cash and 9kg of gold in a regular transport between Austria and Ukraine. They were “unjustifiably detained” and GPS data showed their vehicles in Budapest, it said.

Hungary’s tax authority said on Friday that it was conducting criminal proceedings and added that one of the group was a former general of Ukraine’s intelligence service.

(BBC)

The US and Venezuela have agreed to re-establish diplomatic and consular relations.

The agency said in a statement that the two sides would make joint efforts to promote stability, support economic recovery and advance political reconciliation.

While their diplomatic relations have been improving since the US military captured Venezuelan President Nicolás Maduro in January in a surprise raid, the announcement of formal bilateral ties marks a hugely symbolic step.

President Donald Trump ordered troops to seize Maduro and his wife, bringing them to a Manhattan court to face allegations of weapon and drug offences, which they deny.

(BBC)