Trump Exempts Hungary from Russian Oil Sanctions
Trump Exempts Hungary from Russian Oil Sanctions
What's Happening?
Hungary just got a big break from the US - an exemption from sanctions on Russian oil imports.
The country's PM, Viktor Orban, met with Donald Trump at the White House to discuss the issue
Hungary relies heavily on Russian oil and gas, with 74% of its gas and 86% of its oil coming from Russia in 2024
The exemption is a significant move, as the US has been pushing European countries to cut ties with Russian energy
Why Does it Matter?
This decision could have big implications for the ongoing conflict between Russia and Ukraine, as well as for Hungary's relationships with other European countries.