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Hungary Asks U.S. to Waive Tariffs Over Russian Oil Purchases

Hungary is asking U.S. officials not to levy tariffs on the central European country which still buys Russian oil, in what could be a test for the new Hungarian leader who won a landslide election victory over President Trump’s ally Viktor Orban earlier this year. U.S. lawmakers last week passed the so-called “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” which authorizes and expands statutory sanctions, tariffs, and prohibitions on Russia and extends existing sanctions on Iran. The bill was signed into law by U.S.…