Hungary's waiver from US sanctions on Russia energy is indefinite, minister says


U.S. President Donald Trump hosts a bilateral lunch with Hungary's Prime Minister Viktor Orban at the White House in Washington, D.C., U.S., November 7, 2025. REUTERS/Jonathan Ernst

BUDAPEST (Reuters) -Hungary said on Saturday it had obtained an indefinite waiver from U.S. sanctions to use Russian oil and gas, but a White House official reaffirmed that the exemption was for one year only.

Last month, U.S. President Donald Trump imposed Ukraine-related sanctions on Russian oil companies Lukoil and Rosneft that carried a threat of further sanctions against entities that buy oil from those firms.

Hungarian Prime Minister Viktor Orban, a longtime Trump ally, met with Trump at the White House on Friday to press for a reprieve. Hungary relies heavily on Russian energy and Orban, 15 years in power, faces a close election next year.

"The prime minister was clear. He has agreed with the U.S. President that we have obtained an indefinite exemption from the sanctions," Hungarian Foreign Minister Peter Szijjarto said on Facebook.

"There are no sanctions on oil and gas shipments to Hungary for an indefinite period."

But a White House official repeated in an email to Reuters on Saturday that the exemption is for one year.

HUNGARY EXPECTED TO BUY U.S. LNG

The official added that Hungary would also diversify its energy purchases and had committed to buying U.S. liquefied natural gas with contracts valued at some $600 million.

Hungary has maintained its reliance on Russian energy since the 2022 start of the conflict in Ukraine, prompting criticism from several European Union and NATO allies.

Speaking in Washington late on Friday, Orban also said Hungary had received an indefinite exemption for energy imports via the TurkStream gas pipeline and the Druzhba oil pipeline.

"There are no sanctions that would restrict Hungary's supply through these routes or make it more expensive. This exemption is general and has no time limit," Orban said.

International Monetary Fund figures show Hungary bought 74% of its gas and 86% of its oil from Russia in 2024, warning that an EU-wide cutoff of Russian natural gas alone could cost Hungary more than 4% of its GDP.

Orban said that, without the agreement, energy costs would have surged, hitting the wider economy, pushing up unemployment and generating "unbearable" price rises for households and firms.

(Reporting by Gergely Szakacs; Editing by Kevin Liffey, Rod Nickel)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

South Korea, Indonesia sign agreements on minerals, tech and finance during Prabowo visit
Trump: US forces to leave Iran within ‘two to three weeks’
Haiti gangs keep up attacks in breadbasket region after massacre
U.S. F-35 fighter jet crashes in Nevada, pilot safe
Russian military transport plane crashes in Crimea, killing 29, defence ministry says
Trump says government will have to 'force ourselves' on Los Angeles during World Cup
California diesel price soars to all-time high
Serbian students, protesters clash with police in Belgrade
Two-thirds of Americans want quick end to Iran war even if goals unachieved, Reuters/Ipsos poll finds
Russia approves road development plan for 2026-2031

Others Also Read