Russian Diesel Not for Us, but for World Markets: Trump
The Treasury issued a temporary licence as lawmakers said the plan undermines sanctions and could send billions to the Kremlin.
- 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.
246 Articles
246 Articles
John Mearsheimer on Trump vs. Zelensky – Again!
Reprinted from John's Substack: On 11 October 2026, I was on Switzerland with Aaron Maté and host Tom Switzer, discussing the wars in Iran and Ukraine. We focused especially on President Trump’s decision to ease sanctions on Russian diesel, allowing it to be sold on global markets. Although Trump’s move…
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.
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.
Trump plays Russian roulette on eve of midterms
President Trump is indulging his fondness for Vladimir Putin at a moment of acute political peril, forcing Republicans in the midterms to take cover as he showers Moscow with one-sided concessions.Why it matters: With just three weeks until the election, Trump is rekindling a decade-long, scandal-scarred relationship with a dictator reviled by most Americans — including his own supporters.Driving the news: Since speaking with Putin on Friday, Tr…
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