Hungary's indefinite waiver from US Russia energy sanctions amid political tensions

1 min read
Source: Reuters
Hungary's indefinite waiver from US Russia energy sanctions amid political tensions
Photo: Reuters
TL;DR

Hungary announced it has obtained an indefinite waiver from US sanctions to use Russian oil and gas, though a White House official clarified the exemption is valid for one year, with Hungary also committing to diversify energy sources including U.S. LNG contracts. Prime Minister Viktor Orban emphasized the exemption's indefinite nature for energy imports via pipelines, despite ongoing reliance on Russian energy, which has faced criticism from EU and NATO allies.

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