Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

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

by admin November 8, 2025
November 8, 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

Related Posts

Hannity reveals what he told Trump after 2020...

January 23, 2025

Trump says SCOTUS immunity ruling likely helps Obama...

July 26, 2025

State Department reveals plan to deliver ‘life-saving’ meals...

June 11, 2025

Supreme Court sets date to hear FTC Slaughter...

October 18, 2025

Trump, Netanyahu to meet at White House as...

April 7, 2025

Flashlight, rifle, backpacks: Prosecutors outline Ryan Routh’s alleged...

September 13, 2025

Trump jokes his admin will ‘forget about’ separation...

May 2, 2025

Supreme Court blocks lower court order forcing Trump...

November 8, 2025

House GOP campaign chair wants Trump ‘out there...

November 22, 2025

Speaker Johnson says ‘still some concern’ about Elon...

December 11, 2024

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • Trump HHS changes transgender Biden official’s nameplate back to birth name during shutdown
  • MTG defends herself as ‘America first’ after Trump slams her on Truth Social
  • Lawmaker urges release of Venezuela strike footage as parties split over whether targets were defenseless

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics

    December 9, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    December 9, 2025
  • Trump HHS changes transgender Biden official’s nameplate back to birth name during shutdown

    December 9, 2025
  • MTG defends herself as ‘America first’ after Trump slams her on Truth Social

    December 9, 2025
  • Lawmaker urges release of Venezuela strike footage as parties split over whether targets were defenseless

    December 9, 2025
  • Congress moves to block Pentagon from cutting US troops in Europe and South Korea

    December 9, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

    September 19, 2025
  • 3

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 4

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 7

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
Promotion Image

banner

Categories

  • Business (602)
  • Investing (2,592)
  • Politics (3,136)
  • Stocks (952)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.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 bullhedging.com | All Rights Reserved