Trump Strikes Deal with Putin to Supply Russian Diesel to U.S. and Global Markets
The Treasury Department issued a temporary general license as Russia agreed to supply more than 300,000 tons of diesel immediately.
- 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.
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Trump's deal to buy Russian diesel shows Putin could be back in the heat, says military expert Johan Huovinen. Trump also reportedly proposed a de-escalation in the Ukraine war – which was followed by another deadly Russian attack.
Donald Trump only tightens the sanctions against Russia, now he opens the American market again for Russian diesel! After a direct conversation with Vladimir Putin, the US President announced deliveries of a total of more than 4.8 million tons. Washington immediately granted a far-reaching exemption. And Trump also thanks personally to the Kremlin chief.
Photo: Kremlin.ru, CC BY 4.0 (Wikimedia Commons) While Europe adopted sanctions package after sanctions package against Russia for years, Donald Trump concluded an agreement with Vladimir Putin for the delivery of hundreds of thousands — and ultimately possibly millions — tons …
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