Hungary asks US not to impose tariffs over Russian oil — OilPrice
Hungary has asked US officials not to impose tariffs on the country over its purchases of oil from the Russian Federation, an aggressor state. The request concerns possible trade restrictions provided for by a new US law on sanctions against Russia and Iran, OilPrice reports.
New US law
According to the outlet, US lawmakers last week passed the so-called Lindsey O. Graham Sanctions Against Russia and Iran Act of 2026. The document expands sanctions, tariffs and bans against Russia, as well as extends the existing sanctions against Iran. US President Donald Trump signed the law on Friday.
The law allows the US president to potentially impose tariffs of up to 100% on all goods imported into the United States from countries that are among the five largest importers of Russian oil or natural gas and make new purchases of these energy resources after the document’s adoption.
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Budapest’s position
OilPrice notes that Hungary is one of the largest importers of Russian crude oil, alongside China, India and Turkey, and could therefore potentially fall under the new tariffs.
Marton Hajdu, chairman of the Hungarian parliament’s foreign policy committee and a representative of Prime Minister Peter Magyar’s party, met with US officials in Washington. In a Facebook post, he said that he had asked lawmakers from both political camps to help Hungary reduce its dependence on Russian energy resources and secure supplies from multiple sources.
Hajdu also asked for tariffs not to be applied to Hungary during the period in which the country would seek to abandon imports of Russian energy resources. Magyar, who replaced Viktor Orbán as prime minister, has stated his intention to diversify energy imports and abandon the pro-Russian course of previous governments.
