Diesel Deal Opens Way for More Russia-U.S. Co-Operation, Kremlin Envoy Says
Novak said the deal could restore exports to pre-crisis levels and add tax revenue as Russia seeks broader economic cooperation with the United States.
- President Donald Trump announced a diesel supply deal with Russia last Friday, with Deputy Prime Minister Alexander Novak confirming Wednesday that immediate shipments of more than 300,000 metric tons are included.
- Russia aims to restore monthly diesel exports to 3.5 million metric tons by the end of 2026, seeking to increase its global market share above 10%.
- Energy Information Administration data shows the United States transportation sector uses around 2.94 million barrels daily; the initial 300,000 metric tons—or 2.25 million barrels—is less than a full day's supply.
- European and Ukrainian officials criticized the deal, arguing that unlocking Russian energy revenue directly fuels the Kremlin's war effort; Russian state agencies are finalizing supply contracts with United States counterparts.
- Kremlin envoy Kirill Dmitriev suggested the agreement could facilitate broader Russian and United States economic cooperation, though Dmitry Peskov cautioned that Moscow is monitoring Washington policy shifts too early for systemic conclusions.
53 Articles
53 Articles
Moscow Hails Trump’s Diesel Deal, Promises Direct Exports to U.S. - Regional Media News
A diesel supply deal with the United States will boost Russia's economy and include direct exports to the U.S. market, Deputy Prime Minister Alexander Novak said Wednesday. "Without a doubt, this is a positive signal for our economy," Novak told reporters on the sidelines of [...]
The Russian government has said that initial agreements on diesel exports are set to be finalized “in the coming days.” The development follows an agreement reached last week between Presidents Vladimir Putin and Donald Trump. Kirill Dmitriev, the Kremlin’s adviser on international economic cooperation, was quoted as saying by Russian news agencies that “everything will be finalized in the coming days.”
Moscow and Washington are working to implement the agreements despite numerous restrictions, and Special Representative Putin has acknowledged.
Presidential envoy says these opportunities are beneficial for Russia, US, global markets
Russia indicated Wednesday that it is expected to sign the first contracts on Russian diesel exports to markets "in the next days", following the agreement between President Vladimir Putin and Donald Trump announced last week, reports AFP, broadcasts...
Moscow Hails Trump Diesel Deal, Promises Direct Exports to U.S.
A diesel supply deal with the United States will boost Russia’s economy and include direct exports to the U.S. market, Deputy Prime Minister Alexander Novak said Wednesday. “Without a doubt, this is a positive signal for our economy,” Novak told reporters on the sidelines of the Russian Energy Week forum in Moscow, according to the state-run news agency TASS.
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