Putin’s Pipeline to Budapest: The Oil Trader Linking Russian Oligarchs to Orbán’s Inner Circle
With Hungarian Prime Minister Viktor Orbán’s poll numbers plunging and opposition forces gaining ground ahead of next year’s election, his regime appears to be doubling down on its most reliable ally: Vladimir Putin. A new investigation by IStories has exposed the financial architecture behind this political alliance—tracing billions of dollars in Russian oil flows to a secretive company called Normeston Trading, which has enriched allies of both Putin and Orbán.