MARKET STRUCTURE · USA

Trump gives Hungary one-year exemption from Russian energy sanctions

BBC 8 Nov 2025 · 2:00 AM
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Donald Trump has exempted Hungary from sanctions on Russian oil and gas for one year, allowing continued energy purchases. This matters as it highlights the US's complex relationship with Hungary amid European opposition to Russian ties.
Trump gives Hungary one-year exemption from Russian energy sanctions
Why it matters
During a meeting at the White House, President Donald Trump confirmed that Hungary would receive a one-year exemption from US sanctions on Russian oil and gas. This decision was made in light of Hungary's geographical challenges as a landlocked country, which makes it difficult for them to source energy from alternative suppliers. Hungarian Prime Minister Viktor Orban, a close ally of Trump, has been vocal about the economic impact of sanctions on Hungary, arguing that they would harm the country's economy. The exemption is viewed as a significant political victory for Orban, especially as he faces challenging elections in the spring. While Hungary has agreed to purchase US natural gas as part of the arrangement, the decision has drawn criticism from other European nations that oppose Hungary's friendly relations with Russia. The meeting also touched on the ongoing war in Ukraine, with both leaders expressing a desire for peace, although their views on the conflict differ significantly from those of other European leaders.
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