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Henry Foy
Brussels bureau chief at the Financial Times, providing analysis on EU politics and diplomacy, here explaining Hungary's push for a US sanctions exemption on Russian oil.
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Nov 7, 2025
• 12min
Hungary looks to Trump for sanctions exemption
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Henry Foy, the Brussels bureau chief at the Financial Times, discusses Hungary's Prime Minister Orbán's quest for a US exemption from Russian oil sanctions. He highlights Orbán's political strategy and potential fallout if Trump rejects his plea, including risks of oil shortages and inflation. Katie Martin shares insights on the UK bond markets, explaining why they remain stable despite impending tax increases from Chancellor Reeves, suggesting investors are bracing for the financial shifts ahead.
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