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U.S. Grants Hungary Waiver From Russia Energy Sanctions as Budapest Calls It Open-Ended

Washington characterizes the waiver as one year, contrary to Budapest’s claim of an indefinite deal.

Overview

  • Hungary received an exemption from U.S. sanctions targeting purchases tied to Rosneft and Lukoil, which a White House official described to Reuters as lasting one year.
  • Prime Minister Viktor Orbán and Foreign Minister Péter Szijjártó assert the waiver is unlimited and say it covers supplies via the TurkStream gas line and the Druzhba oil pipeline.
  • As part of the arrangement, Hungary agreed to buy roughly $600 million in U.S. liquefied natural gas and to work on sourcing American nuclear fuel, according to U.S. statements and reporting.
  • Critics warn the carve‑out could weaken sanctions pressure on Moscow, with one analyst estimating it could enable more than €1 billion to reach the Kremlin.
  • President Donald Trump hosted Orbán at the White House to discuss energy, trade, and Ukraine, and he did not rule out the possibility of a future meeting with Vladimir Putin.