Hungarian Prime Minister Viktor Orban is actively exploring solutions to bypass American sanctions targeting Russian oil companies. Orban disclosed discussions on this matter with the leadership of the Hungarian oil and gas company MOL during an interview with state radio "Kossuth."

The recent sanctions imposed on "Lukoil" and "Rosneft" by the Trump administration have had a notable impact, causing a slight rise in global oil prices. Hungary and Slovakia, the primary purchasers of Russian oil within the EU, rely on the "Druzhba" pipeline for crude oil deliveries, with their refineries collectively capable of processing 14.2 million tons annually. In response to the sanctions, Bloomberg reports that Reliance Industries, the largest Indian buyer of Russian oil, has begun transitioning to oil supplies from the Middle East and the United States.