Published by Global Banking and Finance Review
Posted on November 8, 2025
1 min readLast updated: January 21, 2026
Hungary has been granted a one-year exemption from US sanctions related to Russian energy use, as confirmed by a White House official.
WASHINGTON -The United States has granted Hungary a one-year exemption from sanctions connected to using Russian energy, a White House official said on Friday.
(Reporting by Jeff Mason; Editing by Leslie Adler)
An exemption in sanctions refers to a specific allowance that permits a country or entity to engage in certain activities that would otherwise be prohibited under the sanctions.
Explore more articles in the Headlines category
