Russia to extend diesel export ban, use quotas to fulfil US deal: Reuters
The quota system would let select firms keep limited exports flowing as Moscow seeks to meet its supply commitment to the United States.
- 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.
108 Articles
108 Articles
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 […]
Several Russian ships are about to arrive in the United States with a precious load for the American economy... but short-range: they bring in a total of 3.5 million tons of diesel, something they could repeat every month, to alleviate the fuel shortage caused by the Iran war.
Diesel crisis can’t be fixed by Russian deals, leaving peace the only answer * WorldNetDaily * by Neil Atkinson, Real Clear Wire
Source link Announcements by President Trump that Russia and Ukraine had agreed to cease attacks on energy infrastructure; the U.S. would import diesel from Russia; and more recently the suggestion that the “dark fleet” of sanctioned oil tankers be brought under U.S. control, come amidst intense political pressure from high oil prices. In the
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