Trump Strikes Deal with Putin to Supply Russian Diesel to U.S. and Global Markets
- On Friday, President Donald Trump announced an agreement with Russian President Vladimir Putin to supply over 300,000 tons of diesel immediately, followed by 500,000 tons in November and 1 million tons thereafter, aiming to lower fuel prices ahead of midterm elections.
- The U.S. Treasury Department issued a temporary general license immediately after the announcement, exempting Russian diesel shipments from sanctions through April 7, 2027 to facilitate global energy supplies.
- Energy analysts question the deal's viability, citing Russia's ongoing export restrictions and damaged refineries from Ukrainian strikes, while the combined supply covers roughly three and a half days of U.S. diesel demand.
- Ukrainian President Volodymyr Zelenskyy called the deal a "weak decision," while Senate Democratic leader Chuck Schumer, Sen. Jeanne Shaheen, and Sen. Elizabeth Warren condemned it as a betrayal of Ukraine and U.S. national security.
- The policy shift reverses bipartisan sanctions legislation signed last month targeting Russia's energy sector, as the administration prioritizes lowering domestic fuel costs ahead of November's midterm elections.
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937 Articles
Ukraine's worst diplomatic nightmare inches closer
The fuel deal's real significance lies in diplomacy: Trump and Putin found a way to work together without making Ukraine part of the bargain On the evening of October 9, the presidents of the United States and Russia spoke by phone. The announcement that followed was straightforward: Russia would sell the US 1.8 million metric tons of diesel over the next three months, followed by a million tons a month, and the US would issue temporary licenses…
On Friday, US President Donald Trump announced a “huge” deal to buy diesel from Russia. According to The Atlantic, the deal will bring virtually no benefits to ordinary Americans and will not lower diesel prices. But it could have huge consequences for other countries.
Trump Lands Massive Oil Deal with Russia
President Donald Trump announced a major energy agreement with Russian President Vladimir Putin that commits Russia to release millions of tons of diesel into global markets as fuel prices rise for American farmers, truckers, and businesses. Trump revealed the arrangement on Truth Social, stating that Russia would immediately begin supplying more than 300,000 tons of […]
On the eve of the mid-term elections, Washington signed an agreement with Moscow on diesel fuel and made Ukraine the scapegoat of the crisis arising from its war against Iran. Lost penalty: Russian deliveries scheduled by December cover barely three days of US consumption.
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