Trump announces deal with Putin to release Russian diesel
AI-generated briefing · First published
US President Trump says Russia will supply 4.8 million tonnes of diesel to ease record prices ahead of midterms.
US President Donald Trump announced on 9 October that he reached an agreement with Russian President Vladimir Putin allowing Russia to immediately release over 300,000 tonnes of diesel, followed by 500,000 tonnes in November, 1 million tonnes after that and another 3 million tonnes soon, for a total of 4.8 million tonnes. [1] [2] [3] [4]
The US Treasury issued a temporary licence permitting Russian diesel into global markets until April 2027. Trump said the move, combined with US control of the Strait of Hormuz, would bring diesel prices down in record numbers. [1] [2] [3]
Sources
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