Trump Strikes Deal with Putin to Supply Russian Diesel to U.S. and Global Markets
- On Friday, October 9, 2026, President Donald Trump announced that Russian President Vladimir Putin agreed to immediately supply over 300,000 tons of diesel fuel to the American and global marketplace, describing the discussion as "highly successful."
- Since the start of the Iran war in February, diesel prices have soared nearly 70%, while the Kremlin imposed a diesel export ban in July following Ukrainian attacks on energy assets, tightening global supply.
- Russia will deliver 500,000 tons in November and 1,000,000 tons immediately thereafter, with 3 million tons expected shortly; the Treasury Department's Office of Foreign Assets Control is issuing a temporary general license to facilitate these shipments.
- Moscow aims to link this energy supply to ceasefire arrangements in the Black Sea, using the supply as a bargaining chip while potentially pressing for the release of frozen assets, according to diplomatic sources.
- It remains unclear how these shipments will function given wide-ranging sanctions applied to Russia since the invasion of Ukraine, and Trump claims prices will drop, though observers question the deal's effectiveness.
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Trump hails Russia deal to release diesel as midterms loom
Moscow has been hit with waves of sanctions by the United States and partners since its 2022 invasion of neighboring Ukraine, and President Volodymyr Zelensky criticized Trump for an "unworthy" and "weak" move. The deal comes weeks before key US elections where Trump's Republican Party risks losing its grip on Congress as voters express frustration over the mounting cost of living. Prices at US gasoline and diesel pumps have surged since late Fe…
Samuel Jackisch, ARD Washington, to Trump's announcement of diesel imports from Russia
Trump reverses course on Russia with shock Putin deal
Ukraine’s president has condemned the deal, warning it could help Moscow prolong the war.
Donald Trump strikes diesel deal with Russia as Volodymyr Zelensky warns US about 'giving gift to Vladimir Putin'
US President Donald Trump has secured a deal with Vladimir Putin to "immediately release" diesel into the global market.Mr Trump confirmed the agreement with the Russian President will allow the release of 300,000 tonnes of diesel immediately, followed by 500,000 tonnes in November and another million after that.The deal, announced on Friday, is the latest effort from the US President to lower fuel prices for the country.Mr Trump spent months be…
The US President claimed that he had reached an agreement with his Russian counterpart, Vladimir Putin, under which Russia would supply a large volume of its diesel to immediately reduce prices on the global market and in the US.
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