Trump Says Deal With Putin Could Bring Russian Diesel to US Market
- President Donald Trump said Russia agreed to supply more than 300,000 metric tons of diesel immediately, followed by 500,000 tons in November and 1 million tons later.
- The U.S. Treasury issued a license allowing Russian diesel imports until April 7, temporarily easing sanctions on the fuel.
- U.S. diesel futures fell nearly 5% after the announcement, while analysts said the agreement might not produce lasting lower prices.
- Ukrainian President Volodymyr Zelenskiy and Representative Don Bacon criticized the deal, saying it could benefit Russia while the war continues.
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Donald Trump announced on Friday that he had negotiated the delivery of massive amounts of Russian diesel to the American and global markets, lifting sanctions against Moscow, to the great damn of Volodymyr Zelensky who denounced a "unworthy" decision. ...
US President Donald Trump has offered hundreds of thousands of tons of diesel from Russia after a conversation with Russia's President Vladimir Putin.
Trump Says Deal With Putin Could Bring Russian Diesel to US Market
U.S. President Donald Trump said Russia has agreed to immediately supply more than 300,000 metric tons of diesel fuel to U.S. and global markets following a conversation with Russian President Vladimir Putin, as Washington seeks to ease soaring fuel prices. Trump announced the agreement on Friday, October 9, saying the initial shipment would amount to […]
U.S. President Donald Trump announced on Friday, October 9, that Russia immediately agreed to supply more than 300,000 tons of diesel fuel to the U.S. and world markets after what the Republican described as a "very successful" conversation with Russian President Vladimir Putin. We analyzed this agreement with Oscar Rojas, a PhD in Economics from UNAM.
"It's a huge amount of oil coming into our country. And I want to thank President Putin, to be quite honest," President Trump said.
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