Donald Trump has exempted Hungary from sanctions over its continued purchases of Russian oil and gas for one year, a White House official has confirmed. Earlier, the US president said he would consider an opt-out for Hungarian Prime Minister Viktor Orban, a close Trump ally who has maintained good relations with Russia throughout the Ukraine war.
Speaking on Friday during Orban's visit to the White House, Trump said an exemption was under consideration because 'it's very difficult for him [Orban] to get the oil and gas from other areas.'
This follows the US's effective embargo of two major Russian oil companies last month, which put buyers at risk of sanctions. After the meeting, Hungarian Foreign Minister Péter Szijjártó announced on X that the US had granted Budapest “a full and unlimited exemption from sanctions on oil and gas,” later clarified as a one-year exemption.
This decision is seen as a significant win for Orban, who argues that sanctions would devastate Hungary's economy. During their meeting, Trump expressed understanding for Hungary's geographical constraints, acknowledging the logistical difficulties in sourcing energy alternatives.
The exemption, however, has drawn criticism across Europe as Hungary continues to forge an energy relationship with Russia. This deal allows Hungary to purchase US natural gas worth hundreds of millions of dollars while signaling potential strains between the US and its European allies.
Orban, facing challenging elections in spring, has defended his ties with Russia, asserting that energy pipelines are a 'physical reality' and are not dependent upon political stances.
Trump and Orban's discussions also touched upon the Ukraine war, with both leaders noting their desire for a peaceful resolution and hinting at the possibility of negotiations with Vladimir Putin. Trump emphasized his support for Orban amidst ongoing tensions within the EU regarding Hungary's policies.
