Trump Just Got Handed a Diesel Problem: None of the Russian Fuel He Agreed to Buy Has Reached the US, as Tankers Turn Away at Sea
- A month after President Donald Trump announced a deal with Vladimir Putin to import Russian diesel, tankers bound for the U.S. are turning back. No Russian fuel has arrived, as ships reroute to buyers in South America, North Africa, and the Middle East.
- Companies are reluctant to handle the cargo due to potential legal and reputational consequences, while lawmakers from both parties questioned the legality of Trump's sanctions exemption. U.S. oil companies fear investigations by Congress following the midterm elections.
- Tracking data from Kpler shows the Malta-flagged The Agioi Fanendes, carrying 300,000 barrels, reversed course 400 nautical miles from New York. The ship "started loitering in a zigzag pattern" before listing South America as its destination.
- New Jersey Governor and U.S. Navy veteran Mikie Sherill warned port operators of potential civil penalties for offloading Russian diesel. Sherill accused the president of "helping finance Putin's war against Ukraine," urging ports to reject the shipments.
- Ukraine's bombing campaign against Russian oil refineries has cut production by 30% since late October. Domestic refiners export more than 1.5 million barrels a day, and the U.S. does not currently need the fuel, despite prices averaging $6.16 a gallon.
30 Articles
30 Articles
Russian diesel, which did not find buyers in the United States, offers Brazil instead of America.
In fact, the US wanted to import tons of diesel from Russia, and Washington had even announced that it would drop certain sanctions.
Russian diesel was supposed to be a trump card for Donald Trump in the midterm elections. But not a single tanker has arrived in the United States yet.
Not a single tanker with Russian diesel has ever reached the United States, the WSJ writes
Not a single tanker with Russian diesel has ever reached the United States, the WSJ writes. In total, Russia sent several tankers, but they changed course along the way. One of them was carrying about 300,000 barrels of diesel, but instead...
Trump Just Got Handed a Diesel Problem: None of the Russian Fuel He Agreed to Buy Has Reached the US, as Tankers Turn Away at Sea
A month after Trump announced a deal to buy Russian diesel and suspend some sanctions, none of the fuel has reached the US. Tankers keep turning back before reaching port, American oil companies fear legal trouble, and a shipping executive says Russia is proving hard to bring back into the broader economy.
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