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Hungary to seek exemption from US sanctions on Russian oil

ReutersOct 30, 2025 8:01 AM

- The U.S. sanctions imposed on Russia's Lukoil LKOH.MM and Rosneft do not directly impact Hungary's oil imports and Hungary's goal is to maintain this and seek an exemption from the measures, Prime Minister Viktor Orban's chief of staff told a briefing on Thursday.

"Our aim is ... that Hungary should get an exemption from U.S. sanctions so the purchases of Russian gas and crude oil could continue in a steady manner," Gergely Gulyas said, before a meeting between Prime Minister Viktor Orban and U.S. President Donald Trump in Washington on November 7.

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