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Trump’s Russian oil waiver gives Orban a win at Hungary’s expense

Trump’s Russian oil waiver gives Orban a win at Hungary’s expense

Summary

President Donald Trump met with Hungary's Prime Minister Viktor Orban in Washington. They discussed Hungary's purchasing of Russian oil amid Trump's push for sanctions. A deal was reached, giving Hungary a temporary waiver to keep buying Russian oil, but with certain conditions and future costs.

Key Facts

  • Prime Minister Viktor Orban and his team visited Washington to meet President Trump.
  • The meeting focused on Hungary's purchases of Russian oil amidst U.S. sanctions.
  • Trump aims to increase American liquefied natural gas (LNG) exports to Hungary.
  • Hungary received a one-year waiver to continue buying Russian oil.
  • U.S. Secretary of State Marco Rubio stated the waiver is not yet fully formalized.
  • Orban agreed to buy American nuclear fuel and military equipment.
  • Hungary increased its Russian oil imports to 86% by 2024.
  • Hungary and Slovakia are the only EU countries still importing Russian oil.
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