In a surprising move, President Donald Trump has granted Hungary a one-year exemption from U.S. sanctions on Russian oil and energy imports. The decision, confirmed by a White House official, spares Prime Minister Viktor Orbán’s government from penalties despite Hungary’s heavy reliance on Russian energy. While Trump has repeatedly slammed European nations for funding Moscow’s war machine, he praised Orbán as a “great leader” and acknowledged Hungary’s geographical challenges as a landlocked nation dependent on Russian fossil fuels.
00:00Mr. Orban has requested an exemption as it relates to oil that is coming from Russia.
00:07Is that something that you are prepared to do?
00:10And may I ask Mr. Orban a question in regards to that very issue?
00:14Sure.
00:15We're looking at it because it's very difficult for him to get the oil and gas from other areas.
00:21As you know, they don't have the advantage of having sea.
00:25It's a great country.
00:25It's a big country, but they don't have sea.
00:27They don't have the ports.
00:28And so they have a difficult problem.
00:32There's another country that has that same problem, by the way.
00:35But when you look at what's happened with Europe, many of those countries, they don't have those problems.
00:40And they buy a lot of oil and gas from Russia.
00:43And as they know, I'm very disturbed by that because we're helping them and they're going and buying oil and gas from Russia.
00:49So that question could be really asked maybe more accurately if you talked about many European countries, not Hungary necessarily,
00:57because Hungary is in a different position, but many European countries are buying oil and gas from Russia.
01:04And they have been for years.
01:06And I say, what's that all about?
01:08Right?
01:09So that will be one of the issues for today.
01:14To explain clearly what would be the consequences for the Hungarian people and for the Hungarian economy not to get oil and gas from Russia,
01:22because we are supplied by pipelines.
01:25Pipeline is not an ideological or political issue.
01:27It's a physical reality, because we don't have port, exactly as the president explained to you.
01:32So we will negotiate on that point.
01:34It's vital for us anyway.
01:35Mr. Orban has requested an exemption as it relates to oil that is coming from Russia.
01:43Is that something that you are prepared to do?
01:46And may I ask Mr. Orban a question in regards to that very issue?
01:50Sure.
01:50We're looking at it because it's very difficult for him to get the oil and gas from other areas.
01:57As you know, they don't have the advantage of having sea.
02:00It's a great country.
02:01It's a big country.
02:02But they don't have sea.
02:03They don't have the ports.
02:05And so they have a difficult problem.
02:08There's another country that has that same problem, by the way.
02:11But when you look at what's happened with Europe, many of those countries, they don't have those problems.
02:15And they buy a lot of oil and gas from Russia.
02:19And as they know, I'm very disturbed by that because we're helping them.
02:22And they're going and buying oil and gas from Russia.
02:25So that question could be really asked maybe more accurately if you talked about many European countries, not Hungary necessarily, because Hungary is in a different position.
02:36But many European countries are buying oil and gas from Russia.
02:40And they have been for years.
02:42And I say, what's that all about?
02:44Right.
02:45So that will be one of the issues for today.
02:50To explain clearly what would be the consequences for the Hungarian people and for the Hungarian economy not to get oil and gas from Russia because we are supplied by pipelines.
03:00Pipeline is not an ideological or political issue.
03:03It's a physical reality because we don't have port exactly as the president explained to you.
03:08So we will negotiate on that point.
03:10It's vital for us anyway.
03:11Subscribe to one India and never miss an update.
Be the first to comment