Can Hungary reduce its reliance on Russian energy?

Peter Magyar, Hungary’s newly elected leader, has pledged to shift the country away from reliance on Russia and realign with the European Union, following the tenure of Viktor Orban. Magyar has set a goal to end Russian oil imports by 2035, a significant challenge given Hungary’s current dependency, which has increased from 61% in 2021 to 93% in 2025. The nation continues to import most of its energy from Russia, including natural gas and nuclear energy, complicating Magyar’s intentions for diversification.

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