Trump hosts Hungary’s Orban, eyes oil sanctions carve-out for Putin ally

Nov 7, 2025 | INVESTING

US President Donald Trump said he would consider giving Hungary a carve-out from sanctions on Russian oil, as Prime Minister Viktor Orban sought to cozy up to his right-wing ally at the White House on Friday.
Nationalist Orban’s visit was his first since Trump’s return to power, and comes after his country offered to host a Ukraine summit between the US leader and Russian President Vladimir Putin, which has now been called off.
“We are looking at it because it is very difficult for him to get…

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