Kremlin Says Russian Diesel Exports Reaching Global Markets
The Kremlin said the deal will send more than 800,000 metric tons of diesel to world markets and the U.S. as exports resume.
- On Friday, President Donald Trump announced an agreement for Russia to immediately release more than 300,000 metric tons of diesel to global markets, with direct exports to the United States included.
- The Treasury Department issued a license authorizing transactions involving Russian diesel through April 7, 2027, enabling the agreement intended to address global energy market tension.
- Deputy Prime Minister Alexander Novak stated at Russian Energy Week that Russia aims to restore monthly diesel exports to 3.5 million metric tons by year-end 2026, targeting above 10% of the global market.
- The Kremlin said on Thursday that Russian diesel exports have begun reaching global markets and would have a positive impact, but would not fully stabilize the energy sector.
- European and Ukrainian officials criticized the deal, arguing that unlocking energy revenues fuels the Russian war effort, while Kremlin envoy Kirill Dmitriev suggested it could facilitate broader economic cooperation.
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32 Articles
As explained by the spokesman for the Russian Presidency, Dmitri Peskov, said that although the supply of Russian diesel will contribute to stabilizing the oil markets, it will not be insufficient for a complete stabilization.
The Kremlin is concerned that Russian diesel will be used to stir up trouble on the world stage after an agreement between Putin and US President Donald Trump, reports the Moscow Times.
Dmitri Peskov admitted that Trump and Putin's diesel deal could not stabilize oil markets.
Peskov:. Russia's inability to bring large volumes of its oil to the world market negatively affects the state of the global energy market
Peskov:Russia's inability to bring large volumes of its oil to the world market negatively affects the state of the global energy market. The entry of Russian diesel into world markets will help to stabilize them, although it will not be able to...
Russian diesel has begun to flow to world markets, which will have a positive effect on the stabilization of oil markets, says President Dmitri Peskov's spokesperson. "The amount of diesel is now being released, this diesel has begun to enter world markets. This will have a positive effect on the stabilization of oil markets," quoted Peskov RIA News. He added that it would not be possible to completely stabilize markets, and "it is also necessar…
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