Trump Weighs Exempting Hungary From Russian Oil Sanctions

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US President Donald Trump considers exempting Hungary from Russian oil sanctions, potentially weakening US leverage over Russia's energy exports and signaling flexibility towards an ally.

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Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
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80%

Article Context

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President Donald Trump told Hungarian Prime Minister Viktor Orbán on Friday that the U.S. is “looking at” exempting Hungary from sanctions targeting Russian oil a move that chips away at one of the few symbolic levers the U.S. still maintains over Russia’s energy exports while signaling flexibility toward an ally that’s long played both sides of the energy chessboard. The exemption talk comes just as Ukraine’s President Volodymyr Zelenskyy vowed to halt Russian oil shipments to Hungary through the Druzhba pipeline,…

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Original article published by OilPrice.com on November 7, 2025.
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