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Zelenskyy Halts Russian Oil Exports to Hungary Amid Shift

11/8/2025

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Story summary
  • Ukrainian President Volodymyr Zelenskyy will halt Russian oil exports to Hungary amid Hungary's dependence and a transit contract through Ukraine until January 2030.
  • Viktor Orbán, Hungary's prime minister, secured a full exemption from U.S. sanctions on Russian oil during a summit with U.S. President Donald Trump.
  • MOL Group, Hungary's top refiner, says it can source 80% of its crude from non-Russian suppliers, a shift from Hungary's roughly 86% Russian dependence.