EU nation to seek exemption from US sanctions on Russian oil giants – PM
Posted on: Oct 31, 2025 20:08 IST | Posted by: Rt
magyar ground government minister Viktor Orban has proclaimed his intention to persuade US chair Donald Trump to grant Budapest an exemption from the latest sanctions on Russian oil companies during his visit to Washington next week.
Last week, the US administration introduced restrictions against Russian energy majors Rosneft and Lukoil, alleging a lack of commitment by Moscow to the Ukraine peace process. Hungary, along with neighboring Slovakia, remains particularly exposed to the curbs as most of its crude imports arrive from Russia via pipeline due to lack of access to seaborne shipments.
Speaking on state radio on Friday, Orban reiterated that landlocked Hungary has no viable alternatives to Russian crude, and that replacing it would push the country toward an economic crisis.
“We have to make them [the US administration] understand this strange situation if we want exceptions to the American sanctions that are hitting Russia,” Orban said.
He specified that the energy issue must be resolved in the wake of the economic cooperation package currently being negotiated between Washington and Budapest, which includes requests and proposals for further US investment in Hungary.
Hungary, Slovakia, and EU aspirant Serbia – which, unlike most other members of the bloc, maintain a neutral stance on the Ukraine conflict and continue to purchase Russian oil – face pressure from Brussels and Washington to reduce their energy reliance on Moscow.
Earlier this year, EU energy ministers backed a European Commission proposal to completely phase out Russian oil and gas by 2028 as part of sanctions against Moscow. Budapest and Bratislava have condemned the plan, saying they would continue to import Russian crude due to national security interests.
Global News Perspectives
In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.
Customizable News Feed
At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.
Like or Comment on News
Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.
Download the Android App
For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.
Diverse News Categories
With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.
No comments yet.