Russian Diesel Not for Us, but for World Markets: Trump
The Treasury issued a temporary licence as senators said the shipments would bring Russia fresh revenue with little relief for U.S. fuel buyers.
- On October 9, 2026, President Donald Trump announced an agreement with Russian President Vladimir Putin to supply diesel to global markets, with the Treasury Department issuing a license easing sanctions until April 7, 2027.
- Last month, Congress passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which President Trump signed into law to apply economic pressure on Russia; the new diesel arrangement directly counters this bipartisan legislative strategy.
- The initial 300,000 tons of Russian diesel equals over 2 million barrels, covering less than one day of American consumption; Forbes estimates the fuel would last 11 minutes on the global market, offering negligible price relief.
- Senators including Susan Collins and Angus King wrote to Trump on Tuesday, terming the Russia deal a "gift to our adversary and a betrayal of our allies" while urging the White House to rescind the authorization.
- Future deliveries of 500,000 tons next month and 1 million tons in December will test the administration's balance of energy and geopolitical costs, as senators warn Russia's revenue will finance its war of attrition against Ukraine.
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Reformatorisch Dagblad
welingelichtekringen.nlThe deal the United States has concluded with Russia regarding the supply of Russian diesel could pave the way for further economic cooperation between the two countries, Kremlin envoy Kirill Dmitriev said on Wednesday.
Russia-US diesel deal beneficial for both countries and global market – Putin’s envoy
"They are indeed trying to criticise the diesel deal with the US, which benefits both Russia and the US. And most importantly, it is a great help to global markets," Kirill Dmitriev, the Russian president's special envoy for investment and...
The Russian President's Special Representative, Cyril Dmitriev, said that the Moscow and Washington agreements on the supply of diesel fuel benefit both countries and provide substantial assistance to the world market. The agreement on the supply of diesel fuel between Russia and the United States brings substantial benefits not only to the parties to the treaty but also to the entire global economy. This was announced to journalists by the Russ…
Russia and the United States will continue their economic interaction, including opportunities other than the diesel deal, the Russian President's Special Representative for Investment and Economic Cooperation with Foreign Countries, Kirill Dmitri. "We see that we will continue the economic interaction, as President Putin has entrusted us.
Donald Trump wants to relieve the US energy market before the interim elections, but the importance of the diesel agreement goes far beyond that. It emancipates Russia from China. And together with the blockade of Iranian oil exports, it strengthens the US vis-à-vis China.
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