Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Schumer, Dems unveil alternative shutdown plan, ask for...
Dems block GOP bill ensuring federal worker, military...
Brennan, Strzok, Page subpoenaed as part of federal...
Appeals court denies Trump administration request to block...
Supreme Court blocks lower court order forcing Trump...
State Dept says G20 boycott tied to South...
Socialist wave spreads coast to coast as progressive...
Trump urges Senate Republicans to redirect funds from...
Patriot or ‘Pathetic RINO’? Maverick Republican Thomas Massie...
E-Power Announces Results of Annual Meeting
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Politics

Trump considers granting Hungary exemption on Russian oil just weeks after imposing sanctions

by admin November 7, 2025
November 7, 2025
Trump considers granting Hungary exemption on Russian oil just weeks after imposing sanctions

President Donald Trump said Friday during a meeting with Hungarian Prime Minister Viktor Orbán he is considering granting an exemption on Russian oil sanctions to allow Hungary to purchase the resource from Russia. 

‘We’re looking at it because it’s very difficult for him to get the oil and gas from other areas,’ Trump said Friday when asked by the media if he is prepared to grant Orbán’s request for an exemption. ‘As you know, they don’t have, they don’t have the advantage of having seas. It’s a great country.

‘It’s a big country. But they don’t have sea, they don’t have the ports,’ he continued. ‘And so they have a difficult problem. There’s another country that has that same problem, by the way. But when you look at what’s happened with Europe, many of those countries, they don’t have those problems, and they buy a lot of oil and gas from Russia. And, as you know, I’m very disturbed by that because we’re helping them, and they’re going and buying oil and gas from Russia.’ 

After months of waffling between confrontation and conciliation toward Moscow, Trump imposed sanctions on Russia’s two largest oil companies — Rosneft and Lukoil — in October as the Kremlin backed off from talks to end the war with Ukraine. 

‘Every time I speak to Vladimir, I have good conversations, and then they don’t go anywhere,’ Trump said in October when announcing the sanctions. ‘They just don’t go anywhere.

‘I just felt it was time. We’ve waited a long time,’ Trump added when asked why he chose to impose the sanctions at that time and not sooner. 

The sanctions came after a planned meeting between Trump and Russian President Vladimir Putin in October was called off. 

Orbán, who has a longstanding warm relationship with Trump, in October called the sanctions imposed by Trump ‘a mistake,’ from Hungary’s perspective. 

‘We are thinking about how to build a sustainable system for the Hungarian economy because Hungary is very dependent on Russian oil and gas. And, without them, energy prices will skyrocket, causing shortages in our supplies,’ Orbán said in October during a meeting with Italian leaders in Rome. 

Orbán told the media his discussion with Trump Friday will include the exemption request, explaining that the pipelines transporting oil and gas are ‘vital’ to the nation because it is landlocked and that he will negotiate the matter with the White House. 

Trump told the media that he and Orbán agree the war between Russia and Ukraine — which has raged since 2022 — will end soon, adding, ‘The basic dispute is they just don’t want to stop yet. And I think they will. I think it’s taking a big toll on Russia.’

The pair said it would likely take a ‘miracle’ for Ukraine to win the war. 

Trump praised Orbán during the meeting as a ‘great leader,’ namely on his strict immigration policies. 

‘The fact is that he’s a great leader, and he’s respected all over,’ Trump said. ‘Not necessarily liked by some of the leaders, but, you know, those leaders have proven to be wrong.

‘If you look at his stance on immigration and other things, you know, if you look at Europe, they made tremendous mistakes in immigration. It’s really hurting them very badly. He has not made a mistake on immigration.’ 

Orbán also commended Trump, arguing ‘everything was ruined’ by the Biden administration while celebrating Trump’s return to the White House. 

‘The reason why we are here to open a new chapter between the bilateral relations of the United States and Hungary, basically, because during the Democrat administration, everything was ruined,’ he said. 

‘So, after your leaving president, everything was basically blocked, ruined, canceled. A lot of harm done by the previous administration. In the last ten months, president, what you have done, we are very much grateful for that. You restored the old level of the relationship. You improved the bilateral relation. You repaired what was done badly by the previous administration,’ Orbán said. 

This post appeared first on FOX NEWS

previous post
Duffy says air travel may take ‘days if not a week’ to return to normal, even after shutdown ends
next post
North Korea fires ballistic missile days after Hegseth wraps South Korea visit

You may also like

Pete Hegseth may release sexual assault accuser from...

December 18, 2024

Amid soaring threats from Iran, Russia against US...

October 3, 2024

South Koreans cast votes for new president to...

June 3, 2025

With 9 days until voting starts, ‘election season’...

August 28, 2024

Will your job survive Trump’s Gen AI revolution?

January 3, 2025

Harris never led Trump, internal polls showed —...

November 28, 2024

Harris campaign plagued by surrogates’ gaffes: ‘Colossally inept...

October 23, 2024

Special counsel Jack Smith asks court to halt...

November 14, 2024

Fetterman calls for bombing Iranian nuclear facilities: ‘Waste...

April 24, 2025

Secretary Hegseth says the DOD does not do...

March 10, 2025

Recent Posts

  • Schumer, Dems unveil alternative shutdown plan, ask for one-year extension to Obamacare subsidies
  • Dems block GOP bill ensuring federal worker, military paychecks continue during shutdown
  • Brennan, Strzok, Page subpoenaed as part of federal Russiagate probe: Sources
  • Appeals court denies Trump administration request to block SNAP funding order during government shutdown
  • Supreme Court blocks lower court order forcing Trump administration to fully fund SNAP program

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (949)
    • Investing (3,382)
    • Politics (4,134)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 Sightful Invest. All Rights Reserved.