Russia to extend diesel export ban, use quotas to fulfil US deal: Reuters
The quota system will let selected refiners keep shipping limited volumes as Moscow tries to meet a diesel supply deal with Washington.
- On November 7, a tanker carrying nearly 40,000 metric tons of Russian diesel is scheduled to arrive in New York, marking the first visible cargo under President Donald Trump's General License 135.
- Opponents, including 12 senators, argue the authorization violates the 2022 Ending Importation of Russian Oil Act, which explicitly bans Russian energy imports into federal statute.
- Calling the arrangement "corrupt and illegal," New Jersey Gov. Mikie Sherrill is evaluating options to block shipments, while lawmakers warned banks and terminal operators of potential five-year legal and civil liability risks.
- Potential buyers are encountering a "wall of resistance" due to legal risks, with Rapidan Energy Group analysts noting that cargoes might ultimately divert to Brazil to avoid the controversy.
- Energy Secretary Chris Wright defended the policy as "trying to put a carrot in front of Russia," though General License 135 remains valid only through April 7, 2027, and critics suggest the volume offers negligible market relief.
114 Articles
114 Articles
Three tankers carrying 924,000 barrels of Russian diesel were headed to the United States after an agreement between Donald Trump and Vladimir Putin. Now the ships could end up in other countries.
Michael Hiltzik: Trump's diesel deal with Putin benefits no one except Putin
Sensitive, as he should be, to Americans' resentment of higher prices on staples in the run-up to the midterm elections, President Trump on Oct. 9 unveiled what he called "a great announcement on Russian energy," namely a deal to import…
Seven tankers with Russian diesel are heading for the US. Trump's agreement with Putin is critical – two ships disappeared from the map.
Failure for Donald Trump: The Big Russia Diesel Diesel Looks Like It Was All Hype
Trump says his deal to bring Russian diesel to market will push prices down fast, but analysts say the relief would be small, and Russia may have little fuel to spare. Lawmakers from both parties want the deal scrapped, and Zelenskyy warns it will put more money into Putin’s pocket.
Trump let you hate the Russian diesel so you wouldn’t see what comes next
On Oct. 27, I argued in these pages that Russian President Vladimir Putin got a diesel order and President Donald Trump got the calendar. Here is the calendar. On Oct. 8, Trump posted that he would not resume strikes on Iran before Nov. 3, Election Day. On Oct. 9, he announced that Putin had agreed […]
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