Russian oil sanctions

Trump Exempts Hungary from Russian Oil Sanctions: Critics Decry Corruption and Collusion

The United States has granted Hungary an indefinite exemption from sanctions on Russian oil purchases, a significant win for Prime Minister Viktor Orbán following a meeting with Donald Trump. This decision allows Hungary to continue importing Russian oil and natural gas through its pipelines, contrasting with broader European Union efforts to reduce Russian energy dependence. The exemption coincides with growing economic challenges and political opposition within Hungary, as well as a new series of energy agreements with the US, including a nuclear fuel contract and potential deals for LNG and small modular reactors. While preserving Hungary’s access to Russian energy and allowing the US to exert leverage, the long-term impact on Orbán’s political standing and Hungary’s geopolitical alignment remains uncertain.

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Trump Rejects Orbán’s Sanctions Exemption Request, Likely Awaiting a “Gift”

President Trump denied Hungarian Prime Minister Viktor Orbán’s request for an exemption from US sanctions on Russian oil, despite their personal relationship. Orbán had cited Hungary’s reliance on Russian crude delivered via pipelines as the reason for the appeal. The Hungarian leader planned to discuss the matter further during an upcoming meeting with Trump, aiming for a broader economic agreement. This occurred as Hungary was reportedly seeking an alliance within the EU with the Czechia and Slovakia, to oppose support for Ukraine.

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