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Published

Turkey, Hungary say US grants waivers for Russian Gazprombank gas payments

  • Turkey and Hungary have received a waiver from U.S. sanctions to make payments to Russia's Gazprombank.
  • The waiver allows Turkey and Hungary to circumvent U.S. Sanctions that target Russian financial institutions.
  • U.S. Officials confirmed that the waiver is specifically for transactions involving energy payments.
  • The ability to pay Gazprombank is critical for Turkey and Hungary's energy security.
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