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Trump Stuns All With Big 'Russian Oil Move'; Permit EU State To Trade Energy From Moscow

TOI.in / Feb 17, 2026, 02.52 AM IST

Hungary has secured a significant energy exemption from the United States, allowing it to continue importing Russian gas and oil despite broader European efforts to curb reliance on Moscow. Prime Minister Viktor Orban, standing alongside U.S. Secretary of State Marco Rubio in Budapest, described the move as essential for Hungary’s energy stability. The exemption, combined with existing agreements on oil, gas, and nuclear cooperation, is expected to help maintain steady supplies and protect domestic energy prices. The development highlights Hungary’s independent approach within the European Union’s broader energy and geopolitical landscape.

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