Hungary Seeks U.S. Sanctions Exemption Extension for Russian Oil

Hungary wants to extend the US exemption from sanctions on Russian oil, said Magyar to publication 444.

Consensus

Hungary wants to extend the U.S. sanctions exemption for Russian oil purchases.
The current exemption expires in November.
The U.S. has been renewing the exemption annually.
A recent U.S.-Russia agreement on diesel fuel exports was cited as a precedent.
U.S. President Donald Trump is involved in the recent diesel fuel deal with Russia.
The diesel fuel deal was announced after a phone call between Trump and Putin on October 9.
The exemption is considered important for Hungary's energy transition.

The agreement was reached with the mediation of Donald Trump and Viktor Orbán, who lost power in April after 16 years in office. — fontanka
Hungarian energy company MOL needs more time for technological modernization and diversification of supply sources. — fontanka
Hungary previously received similar annual exemptions in exchange for importing U.S. liquefied natural gas and using nuclear fuel at the Paks nuclear power plant. — fontanka
Hungary imports 5–5.5 million tons of oil from Russia annually. — fontanka
Trump ordered the suspension of measures under the 'Graham Act' against Russia and Iran, including 500% tariffs on Russian goods and 100% on goods from the top five buyers of Russian oil and gas. — vedomosti
The U.S. temporarily eased anti-Russian sanctions to enable the diesel fuel deal. — vedomosti
The issue of Russian diesel fuel exports to the U.S. and the world was considered secondary at the EU summit held October 15–16. — vesti