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Trump Says He’s Weighing Hungary Waiver on New Russia Oil Sanctions After White House Meeting

The request tests sanctions taking effect Nov. 21 on Rosneft and Lukoil.

Overview

  • Hungarian Prime Minister Viktor Orbán met President Trump at the White House to seek relief from U.S. penalties targeting purchases of Russian energy.
  • Trump said he is "looking at" a waiver for Hungary, while Foreign Minister Peter Szijjártó publicly claimed a full, unlimited exemption that U.S. authorities have not confirmed.
  • Orbán argued Hungary is landlocked and pipeline‑dependent for supplies from Russia, framing a carve‑out as essential for energy security.
  • The leaders discussed reviving a Trump–Putin meeting, with Trump saying there is a "very good chance" and expressing a preference for Budapest as the venue.
  • The talks also touched on economic and energy cooperation, including Hungarian plans for nuclear fuel purchases from the U.S., as IMF-cited data show Hungary relied on Russia for 74% of its gas and 86% of its oil in 2024.