US EditionUS gives Hungary exemption from Russian oil sanctions
- On Friday, US President Donald Trump granted Hungarian Prime Minister Viktor Orban a one-year exemption from US sanctions on Russian oil and gas after a White House meeting.
- Hungary's energy dependence on Russia shows it relied on Russia for 74% of its gas and 86% of its oil in 2024 while the US sanctioned Rosneft and Lukoil last month.
- Hungary agreed to buy about $600 million of US liquefied natural gas , and Hungarian Foreign Minister Peter Szijjarto said Washington granted a full and unlimited exemption from sanctions on oil and gas.
- Keeping Russian energy supplies helps Hungary avoid potential output losses exceeding 4% of GDP and heightens tensions with European Union and NATO allies critical of its reliance on Moscow.
- Viktor Orban predicted a golden age between Hungary and the US, the US restored Hungary's visa waiver status, and Orban offered to host the proposed Trump–Putin summit in Budapest that was later put on hold.
71 Articles
71 Articles
At the core of President Donald Trump's foreign policy is supporting ideological allies, writes foreign correspondent Esko Varho.
Firstly, the Hungarian Prime Minister's trip was exactly what he was looking for in Washington: exuberant praise and a discharge from sanctions on supplying oil, gas and nuclear energy from Russia, writes BBC. And...
The Minister of Foreign Affairs and Trade made it clear: Hungary's exemption from sanctions is for an unlimited period.
Donald Trump received the Hungarian Prime Minister, Viktor Orbán, at the White House on Friday, November 7, 2025. A meeting during which the President of the United States exempted Hungary from American sanctions...
BBC World Service - Newshour, Hungary to avoid US sanctions for importing Russian oil
US president Donald Trump has announced that Hungary will not have to face sanctions for importing Russian oil, following a White House meeting with Hungary's right-wing prime minister Viktor Orban. It comes after the US effectively blacklisted two of Russia's largest oil companies last month, threatening sanctions on those who buy from them. Also in the programme: 10 years after the Paris climate change conference agreed to limit global warming…
The US grants Hungary a one-year exemption from sanctions against Russian energy. US President Trump states that it is difficult for Hungary to renounce energy from Russia. The Ukraine war was also the subject of the meeting in Washington.
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