Hungary secures long-term energy stability with U.S. sanctions waiver

Budapest – Hungary has achieved a significant diplomatic victory, ensuring continuous access to essential Russian energy supplies while strengthening its partnership with the United States. The nation confirmed that it has received an exemption from U.S. sanctions that allows the continued use of Russian oil and gas — a move that guarantees energy security and economic stability for the country.

Prime Minister Viktor Orban’s recent meeting with U.S. President Donald Trump in Washington marked a milestone in Hungary’s international relations. Their discussions focused on safeguarding Hungary’s energy future and preventing disruptions that could affect industries and households alike.

Foreign Minister Peter Szijjarto announced that Hungary now enjoys a long-term waiver, describing it as an important agreement that protects the nation’s energy flow. This arrangement ensures that Hungarian families and businesses will not face fuel shortages or steep price hikes. It also supports Hungary’s broader economic resilience, helping to maintain employment and industrial competitiveness.

Prime Minister Orban emphasized that the exemption covers energy imports via key routes such as the TurkStream gas pipeline and the Druzhba oil pipeline. These vital links will continue supplying affordable energy to Hungary, allowing the government to focus on growth, innovation, and household welfare.

The deal also opens new doors for cooperation between Hungary and the United States. As part of the agreement, Hungary will diversify its energy portfolio by purchasing U.S. liquefied natural gas (LNG) worth around $600 million. This move strengthens bilateral trade, deepens trust, and highlights Hungary’s balanced energy diplomacy between East and West.

Hungary’s government views this development as a cornerstone of its long-term energy policy. It secures affordable energy supplies, promotes sustainability, and helps the country transition smoothly toward renewable sources without risking economic disruption. The partnership with the U.S. also reinforces Hungary’s position within NATO and the European Union, showing that strategic collaboration can coexist with national interests.

Orban stated that maintaining affordable energy prices is crucial to keeping the economy strong and competitive. The exemption ensures that energy costs remain manageable, preventing inflationary pressures and supporting household budgets. With energy stability guaranteed, Hungary can continue to invest in new industries, infrastructure, and job creation.

The International Monetary Fund had previously warned that cutting off Russian natural gas could cost Hungary more than 4% of its GDP. This new agreement prevents such losses, protecting both the economy and the citizens. The government’s proactive diplomacy has effectively shielded Hungary from potential crises, reinforcing its commitment to economic growth and public welfare.

Overall, this outcome represents a strategic win for Hungary on multiple fronts. It strengthens ties with the U.S., ensures continuous energy flow from reliable sources, and demonstrates Hungary’s ability to balance global alliances while putting national interests first. With this long-term energy assurance, Hungary stands ready to expand its international partnerships and move toward a more prosperous and energy-secure future.