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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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.
US President Trump and Kremlin leader Putin have made a diabolical pact: Putin delivers hundreds of thousands of tons of diesel to lower fuel prices in the US. Trump does not care about the fact that he is falling behind Ukraine and Europe.
U.S. President Donald Trump announced an agreement with his Russian counterpart, Vladimir Putin, whereby Moscow will sell 300,000 tons of diesel to Washington before the November 3 elections and 1.5 million tons after the elections, reaching a quota of 3 million tons per month. With this deal, the Republican politician seeks to reduce the prices of this fuel, which went from an average of $3.72 per gallon before the U.S. war against Iran to 6.29…
US President Trump announced that he has reached an agreement with Russian President Putin to purchase 300,000 tons of diesel fuel in the first phase. Shipments are expected to reach millions of tons. The agreement is predicted to have a positive impact on global markets and has prompted President Donald Trump to act ahead of the elections. The Ukraine war...
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