US EditionHungary's waiver from US sanctions on Russia energy is indefinite, minister says
Hungary claims an indefinite US sanctions waiver on Russian energy despite White House stating the exemption lasts one year; Hungary sources 74% of gas from Russia, IMF data shows.
- On Friday, Viktor Orban, Hungarian Prime Minister, met President Donald Trump at the White House and said Budapest had been granted an indefinite exemption from sanctions, according to Szijjarto.
- Hungary's reliance on Russian energy has made securing exemptions a political priority as IMF data show it bought 74 percent of its gas and 86 percent of its oil from Russia in 2024, while Viktor Orban, Hungarian Prime Minister, faces a close election next year.
- The White House said Hungary will diversify energy purchases and agreed to buy US liquefied natural gas valued at $600m, while a White House official told Reuters the sanctions exemption lasts one year.
40 Articles
40 Articles
Hungary's waiver from US sanctions on Russia energy is indefinite, minister says
Hungary said on Saturday it had obtained an indefinite waiver from U.S. sanctions to use Russian oil and gas, but a White House official reaffirmed that the exemption was for one year only.
The interview with the political scientist of Georgetown University: "On the green light of the White House in Budapest for the purchase of Russian gas I would wait for official confirmations"
Hungary's Prime Minister Orban travels to the United States and acts out of US President Trump to be exempt from secondary sanctions against Russia - allegedly indefinite. However, the White House sees this differently. What is true now seems unclear.
Hungary held Saturday that it had obtained an unlimited exemption from American sanctions to prevent imports of Russian oil and gas, thus contradicting a representative of the Albe House who claimed...
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