Trump Says Deal With Putin Could Bring Russian Diesel to US Market
Trump said Russia will supply more than 300,000 tons of diesel immediately as analysts warned the deal may not keep fuel prices down.
- On Friday, President Donald Trump announced a deal with President Vladimir Putin for Russia to immediately supply over 300,000 tons of diesel to U.S. and global markets, aiming to stabilize near-record prices for Americans.
- Conflicts in Iran and Ukraine triggered severe global supply constraints, pushing average U.S. diesel prices to $6.28 per gallon on Thursday, prompting the administration to seek unconventional energy sources.
- The Treasury Department issued a temporary license authorizing Russian-origin diesel imports through April 7, 2027, while diesel futures fell about 4.5% to $4.67 per gallon following the announcement.
- Ukrainian President Volodymyr Zelenskiy and Representative Don Bacon criticized the deal, with Zelenskiy calling it a "weak decision on the part of strong partners" that rewards Russia's war machine.
- Energy analysts, including CommodityContext founder Rory Johnston, dismissed the deal as a "nothing burger" unlikely to provide sustained relief, citing Russian refinery damage from Ukrainian attacks.
61 Articles
61 Articles
Donald Trump announced on Friday that he had negotiated the delivery of massive amounts of Russian diesel to the American and global markets, lifting sanctions against Moscow, to the great damn of Volodymyr Zelensky who denounced a "unworthy" decision. ...
US President Donald Trump has offered hundreds of thousands of tons of diesel from Russia after a conversation with Russia's President Vladimir Putin.
Trump Strikes a Diesel Deal With Putin: Can It Actually Lower Fuel Prices?
Donald Trump just dropped a major bombshell on energy policy. He announced a deal with Russian President Vladimir Putin to secure diesel fuel. The main goal is simple. He wants to lower soaring fuel prices nationwide. High diesel costs are squeezing everyday Americans hard. Truckers feel the painful bite at the pump every single morning. When shipping expenses jump, grocery prices inevitably climb as well. Global energy markets have remained vol…
Trump Says Deal With Putin Could Bring Russian Diesel to US Market
U.S. President Donald Trump said Russia has agreed to immediately supply more than 300,000 metric tons of diesel fuel to U.S. and global markets following a conversation with Russian President Vladimir Putin, as Washington seeks to ease soaring fuel prices. Trump announced the agreement on Friday, October 9, saying the initial shipment would amount to […]
U.S. President Donald Trump announced on Friday, October 9, that Russia immediately agreed to supply more than 300,000 tons of diesel fuel to the U.S. and world markets after what the Republican described as a "very successful" conversation with Russian President Vladimir Putin. We analyzed this agreement with Oscar Rojas, a PhD in Economics from UNAM.
"It's a huge amount of oil coming into our country. And I want to thank President Putin, to be quite honest," President Trump said.
Coverage Details
Bias Distribution
- 48% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
