Hungary's Orban says will seek exemption from US oil sanctions
Hungarian Prime Minister Viktor Orban reacts as he delivers a speech to mark the 69th anniversary of the Hungarian Uprising of 1956, in Budapest, Hungary, October 23, 2025. REUTERS/Bernadett Szabo
BUDAPEST (Reuters) -Hungary's Prime Minister Viktor Orban said on Friday that he will need to convince U.S. President Donald Trump that Hungary is exposed to pipeline networks when it comes to energy to gain an exemption from U.S. sanctions on Russian oil.
Orban told state radio that the issue of energy will need to be settled at the meeting scheduled for November 7. Orban has said earlier that he would discuss U.S. sanctions on Russian oil companies Rosneft and Lukoil with Trump, and will also aim to conclude a broad economic agreement with the United States.
(Reporting by Krisztina Than and Anita Komuves; Editing by Sharon Singleton)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump meets with travel industry CEOs on push to boost foreign tourism
- South Korea to open Sejong presidential office by 2029, move 350 institutions from Seoul
- Australia, US to boost defence ties as China's Pacific influence grows
Create E-mail Alert Related Categories
ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share