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Trump Administration May Let More Russian Diesel Onto Market, Energy Secretary Tells CNBC

Summary by CNBC
The diesel volumes in the Trump-Putin deal won't materially lower prices because the shipments are small compared to total demand, analysts say.

4 Articles

The US administration's suspension of sanctions on Russian diesel exports earlier this month was "an incentive" for Moscow to end the war in Ukraine. The Kremlin insists Russia has no shortage of diesel export markets. The US President called on Ukraine to stop attacking Russian diesel supplies. The US-Russia diesel deal is unlikely to bring down global fuel prices.

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CNBC broke the news in Englewood Cliffs, United States on Tuesday, October 27, 2026.
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