Russian crude is essential for the Hungarian economy due to the country’s landlocked geographical position, Viktor Orban has said
Hungarian Prime Minister Viktor Orban has announced his intention to persuade US President Donald Trump to grant Budapest an exemption from the latest sanctions on Russian oil companies during his visit to Washington next week.
Last week, the US administration introduced restrictions against Russian energy majors Rosneft and Lukoil, alleging a lack of commitment by Moscow to the Ukraine peace process. Hungary, along with neighboring Slovakia, remains particularly exposed to the curbs as most of its crude imports…
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