The US exempts Russian oil from sanctions in Hungary.

According to RIA Novosti, following a meeting with US President Donald Trump on November 7, Hungarian Prime Minister Viktor Orban stated that energy supplies from Russia via the Turkish Stream and the Druzhba pipeline to Hungary are completely exempt from US sanctions.

"We have been granted a complete exemption from sanctions on the Turkish Stream and Druzhba pipelines. No sanctions restrict Russian supplies to Hungary through these pipelines or make them more expensive. This is a general exemption, without time limit," Prime Minister Orban said at a press conference broadcast on his YouTube channel.

Mr. Orban added that the US had also completely lifted sanctions on the Paks II nuclear power plant project, and Budapest would no longer need to regularly renew the waivers. Hungary will purchase fuel from Russia, France, and the US for the Paks nuclear power plant.

"We have agreed that the American company Westinghouse will participate in Hungary's nuclear industry... Initially, we will purchase nuclear fuel from Westinghouse," the Hungarian Prime Minister said.

Speaking about the Russia-US summit in Budapest, Prime Minister Orbán emphasized that the meeting remains on the agenda; no specific date has been set, but it will take place when the conditions are met. Orbán also expressed his readiness to support US President Donald Trump in achieving peace in Ukraine.

The meeting between President Donald Trump and Prime Minister Viktor Orbán at the White House was the first since the Russia-US summit was postponed. From the beginning of the talks, the US President did not rule out the possibility of meeting his Russian counterpart Vladimir Putin in Budapest. He cited the reason for the summit's failure as the Russian military presence in Ukraine "not wanting to stop."