Just a moment...

Top
Help
Upgrade to AI Search

We've upgraded AI Search on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Search

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Hungary's Orbán tells Trump that dropping Russian energy would bring economy 'to its knees'

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ungary's Orbán tells Trump that dropping Russian energy would bring economy 'to its knees'<BR>PTI News<BR>Dated:- 26-9-2025<BR>PTI<BR>Budapest, Sep 26 (AP) Hungarian Prime Minister Viktor Orbán said Friday that Hungary will continue to source fossil fuels from Russia despite demands from his ally US President Donald Trump, and that he'd informed the president that dropping Russian energy would b....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e a “disaster” for Hungary's economy. Hungary remains one of the only countries in Europe to continue purchasing Russian oil and natural gas following Russia's full-scale invasion of Ukraine in February 2022. But Trump, an admirer of the long-serving Hungarian leader, earlier this month called on all NATO countries including Hungary to cease purchasing Russian oil, since he believes the Russ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ia-Ukraine war would end if they did so. In comments to state radio on Friday, Orbán said he recently told Trump that that dropping Russian energy imports would be an economic “disaster” for Hungary. “I told the US president ... that if Hungary is cut off from Russian oil and natural gas, immediately, within a minute, Hungarian economic performance will drop by 4 per cent," Orbán said. "....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....It means the Hungarian economy would be on its knees.” Despite three years of efforts by European Union countries to wean off of Russian energy supplies — an effort to deprive President Vladimir Putin of revenue that helps fuel the war in Ukraine — Hungarian officials have insisted that geographical and infrastructural constraints make it nearly impossible to transition to using fossil fuel....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s supplied from the West. However, other countries in the region, including the similarly landlocked Czech Republic, have managed to fully cease their purchases of Russian oil since Moscow launched its invasion. Slovakia, which neighbours Hungary, has also maintained its Russian energy imports. Yet despite pressure from the EU and the Trump administration, Orbán, widely considered the EU leader....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... with the closest relationship to the Kremlin, said Friday that when it comes to energy sources, "It is clear what is in Hungary's interest and we will act accordingly.” Hungary and the United States, he said, "are sovereign countries. There is no need for either of us to accept the arguments of the other. America has its arguments and interests, and Hungary does too.” (AP) GSP<BR> News - P....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ress release - PIB....