Russia's fossil fuel exports in October fell to their lowest levels since the start of the full-scale war, amounting to 524 million euros per day. This is 4% less than in September, due to Ukrainian attacks and international sanctions.
Hungarian Prime Minister Viktor Orban stated that Ukrainians and Russians do not seek peace, therefore external forces must persuade them to make peace. He noted that the EU has leverage over Kyiv, but the West cannot convince Russia, which seeks to occupy all of Ukraine.
Polish Foreign Minister Radosław Sikorski stated that Ukraine could join the EU in the early 2030s. For this to happen, the country must overcome corruption and adhere to all necessary procedures.
Hungary has decided to allocate its share from the European Peace Facility (€1. 5 million) to support the Lebanese armed forces. Foreign Minister Péter Szijjártó stated that this is in line with Hungary's national security interests and the maintenance of peace in the Middle East.
Hungarian Prime Minister Viktor Orbán stated that his government would challenge the EU's plan to end Russian energy imports by the end of 2027. Orbán considers this plan a violation of European law and an attempt to circumvent the right of veto on sanctions.
Minister of Education and Science of Ukraine Oksen Lisovyi signed an order to dismiss former MP-bribe-taker Andriy Odarchenko from the post of rector of the State Biotechnological University. The Ministry of Education and Science claims that the rector was dismissed in 2024, but the facts indicate that the dismissal took place recently.
Hungarian Prime Minister Viktor Orban publicly criticized the Ukrainian authorities over corruption scandals in the energy sector. Official Kyiv quickly reacted, stating that Ukraine does not need "lectures on corruption" from Orban.
The White House confirmed Hungary's exemption from US sanctions on the construction of new nuclear power units by the Russian corporation Rosatom.
Eurostat has published data for the first half of 2025, showing a significant gap in electricity and natural gas prices between European countries. Some countries pay several times more than their neighbors.
Hungarian Prime Minister Viktor Orban stated that the Russian-American summit in Budapest is being postponed due to a territorial issue, but will still take place. He also mentioned the 2022 Istanbul Agreement, which, according to him, was "sabotaged by the Anglo-Saxons."
The Ministry of Education and Science plans to dismiss about 50 rectors across Ukraine to renew leadership. However, the Ministry of Education and Science has not yet terminated the contract with ex-MP Andriy Odarchenko, convicted of bribery, who retains influence over the State Biotechnological University.
Sergei Lavrov risks losing his post as Russian Foreign Minister if he fails to prevent the strengthening of the US position in relations with Russia. The recorded absence of the head of the Russian Foreign Ministry at important events may indicate disapproval in the Kremlin of the "deterioration" of relations with the Trump administration.
Hungarian Prime Minister Viktor Orbán has raised the budget deficit target due to election spending. Additional funding will be raised through bank taxes and foreign currency bond issuance.
The European Commission has begun establishing a new intelligence body to improve the use of information from national intelligence services. The unit, being formed within the European Commission's Secretariat-General, will recruit staff from the EU intelligence community.
Croatian Prime Minister Andrej Plenković stated that Hungary's claims about the Janaf pipeline's inability to replace Russian oil are false. He emphasized that Janaf has sufficient capacity to supply all necessary crude oil to Hungarian and Slovak refineries.
The European Union has imposed a ban on Russian oil imports, making exceptions for Hungary and Slovakia for their energy security. Brussels wants to completely abandon Russian energy carriers by the end of 2027.
Andriy Odarchenko, sentenced to 8 years in prison and hiding abroad, continues to control the State Biotechnological University through the administration. The Ministry of Education and Science does not terminate Odarchenko's contract, and the Supervisory Board of the SBU ignores corruption and salary arrears.
Education Minister Oksen Lisovyi extended the powers of Andriy Kudryashov, acting rector of the State Biotechnological University. He is under the influence of bribe-taking MP Andriy Odarchenko.
The planned increase in VAT in Russia to 22% from 2026 will not provide the expected revenues, but on the contrary, will lead to a decrease in revenues by 6. 1 billion US dollars. This will increase inflationary pressure, reduce domestic demand, and increase the cost of government borrowing.
Brent crude futures rose to $64. 08 a barrel, and US WTI crude to $60.23. This happened amid expectations of a quick end to the US shutdown, which could increase oil demand.
Hungarian Prime Minister Viktor Orban stated that Donald Trump promised financial assistance in case of pressure on the Hungarian economy. Hungary also received an exemption from sanctions on Russian oil and gas, committing to purchase American liquefied natural gas.
Romania and Bulgaria are trying to prevent the shutdown of their critical oil refineries as US sanctions against their Russian owners take effect on November 21. Bulgaria is considering nationalizing Lukoil's refinery in Burgas, while Romania views nationalization as a "last resort" for the Petrotel refinery.
The United States granted Hungary a one-year waiver from sanctions for using Russian oil and gas after Prime Minister Orban's meeting with President Trump. Hungary pledged to purchase approximately $600 million worth of liquefied natural gas from the US.
The United States of America and Hungary signed a memorandum of cooperation in the field of nuclear energy on November 7. The document provides for negotiations on cooperation in the civilian nuclear industry, including small modular reactors and spent fuel storage.
Donald Trump said he canceled a meeting with Vladimir Putin because Russia does not want to stop. The US President believes that the invasion of Ukraine would not have happened during his presidency.
Donald Trump said that Washington is considering making an exception for Hungary regarding sanctions on Russian oil imports. This is due to the fact that it is difficult for Hungary to obtain oil and gas from other regions due to its landlocked status.
During a meeting with Trump, Hungarian Prime Minister Orban stated that Ukraine could still win the war, but, according to him, it would be "a miracle. " Trump agreed with this.
Hungarian Prime Minister Viktor Orban arrived at the White House, where he was met by Donald Trump. Trump did not rule out a meeting with Putin in Budapest, despite the previous cancellation of negotiations.
Hungarian oil refiner Mol said it could source most of its oil from non-Russian sources, signaling a shift in tone ahead of a meeting between US President Donald Trump and Hungarian Prime Minister Viktor Orban.
Putin's spokesman Dmitry Peskov stated that a summit with Trump would be in demand, but it must be preceded by expert work.
