Russian Diesel Not for Us, but for World Markets: Trump
The Treasury’s temporary license allows 300,000 tons of Russian diesel sales as senators say the move could fund Moscow’s war in Ukraine.
- 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.
306 Articles
306 Articles
A clear message from the European Union to Donald Trump. Community leaders disapprove of the US administration's decision to relax sanctions on Russia with the release of Russian diesel. Trump's move, which aims to lower the price of fuel a month before the midterm elections in the United States, has fallen like a bucket of cold water in Europe as it puts its entire sanctions architecture in check.
The great powers rely on diesel and deals, the old continent feels committed to principles, and in the background the interim elections are waiting in the USA. A comment by Maurice Olivier Dorffer.
European leaders react with horror to the renewed obstruction of Ukraine by Donald Trump. On the eve of an important summit, Brussels sees that Trump is once again lending Russia a hand, while Europe has to pull out all the stops to keep Ukraine afloat.
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