Overview
- President Trump hosts Viktor Orban for talks centered on Hungary’s dependence on Russian oil and potential U.S. clemency.
- Washington’s October measures target Rosneft and Lukoil and give Western firms one month to sever ties or lose access to U.S. banks, insurers, traders and shippers.
- Orban asks to keep importing Russian crude, with Hungary sourcing 86% of its oil from Russia in 2024.
- The Hungarian leader also pushes for Budapest to host a U.S.–Russia meeting on Ukraine that Trump announced and later postponed.
- No exemption or summit date has been made public, though analysts say a symbolic gesture that helps Orban before elections is possible.