Péter Magyar wins a landslide election victory

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Opposition supporters in Hungary have been partying late into the night, after a landslide election victory for Peter Magyar and his pro- EU Tisza party that's sent shock waves across the continent. They've won more than two- thirds of the seats in parliament, which will allow them to change Hungary's constitution. After peace talks came and went...US President Trump has announced an immediate naval blockade of the Strait of Hormuz. What does that mean for a global economy stressed by the war? (Photo: Backdropped by the Parliament building, Chairman of the opposition Tisza Party Peter Magyar (C) addresses supporters after his party won landslide victory in the general elections in Budapest, Hungary, 12 April 2026; Credit: Robert Hegedus/EPA/Shutterstock)