Trump eases Russia diesel sanctions to cut US prices
AI-generated briefing · First published
Trump announced a deal with Putin to release Russian diesel, drawing criticism from Ukraine and Europe.
US President Donald Trump said he reached an agreement with Russian President Vladimir Putin allowing Moscow to release diesel into global markets. Russia will supply more than 300,000 tonnes immediately, 500,000 tonnes in November and another 1 million tonnes after that, followed by 3 million tonnes in the short term. The US Treasury issued a temporary license permitting Russian diesel until April 2027. [1] [2] [3] [4] [5] [6]
Trump said the move, combined with US control of the Strait of Hormuz, would bring diesel prices down sharply for Americans, especially farmers, ranchers and truckers. Diesel prices in the US have more than doubled since the Iran war began in February. [1] [2] [3] [4]
Sources
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