Trump Strikes Deal with Putin to Supply Russian Diesel to U.S. and Global Markets
- On Friday, President Donald Trump announced an agreement with Russian President Vladimir Putin to supply over 300,000 tons of diesel immediately, followed by 500,000 tons in November and 1 million tons thereafter, aiming to lower fuel prices ahead of midterm elections.
- The U.S. Treasury Department issued a temporary general license immediately after the announcement, exempting Russian diesel shipments from sanctions through April 7, 2027 to facilitate global energy supplies.
- Energy analysts question the deal's viability, citing Russia's ongoing export restrictions and damaged refineries from Ukrainian strikes, while the combined supply covers roughly three and a half days of U.S. diesel demand.
- Ukrainian President Volodymyr Zelenskyy called the deal a "weak decision," while Senate Democratic leader Chuck Schumer, Sen. Jeanne Shaheen, and Sen. Elizabeth Warren condemned it as a betrayal of Ukraine and U.S. national security.
- The policy shift reverses bipartisan sanctions legislation signed last month targeting Russia's energy sector, as the administration prioritizes lowering domestic fuel costs ahead of November's midterm elections.
1001 Articles
1001 Articles
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Trump's Russian diesel deal and what it means for Ukraine
In this Quick Take, Ian Bremmer explains why President Donald Trump is pressuring Ukraine over strikes on Russian refineries, and what his new deal to buy Russian diesel means for the war.Trump warned Ukrainian President Volodymyr Zelenskyy against hitting Russian refineries, first privately and then publicly. He said the strikes help push up diesel prices. Zelenskyy refused to back off. Trump then announced a deal with Russian President Vladimi…
Desperate Trump Sells Out Ukraine For $.01 Drop In Price Of Diesel At The Pump
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The Kremlin relishes in the US-Russia diesel deal and Trump's criticism of Zelenskyy
A deal between Moscow and Washington over exports of Russian diesel and fresh U.S. criticism of Ukrainian President Volodymyr Zelenskyy mark important political victories for the Kremlin. While the size of Russia’s diesel exports are relatively small and unlikely to…
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