Hungary’s Prime Minister Viktor Orban attends a bilateral lunch hosted by U.S. President Donald Trump, at the White House in Washington, D.C., on November 7, 2025. Jonathan Ernst/Reuters
Hungary recently struck an agreement with the United States that Prime Minister Viktor Orban says will provide Hungary a “financial shield” to safeguard the country from any financing problems.
The deal followed a meeting between Orban and U.S. President Donald Trump at the White House on Nov. 7 to discuss sanctions relief on Russian oil and gas. The United States granted Hungary a one-year exemption from those sanctions after the meeting.
