Trump announces diesel deal with Putin to ease US fuel prices
AI-generated briefing · First published
US President Trump says Russia will release 300,000 tonnes of diesel immediately, followed by 500,000 tonnes in November and 1 million tonnes after that, plus another 3 million tonnes soon.
US President Donald Trump announced on 9 October that he reached an agreement with Russian President Vladimir Putin allowing Moscow to release diesel into global markets. Trump said Russia will supply more than 300,000 tonnes immediately, 500,000 tonnes in November, 1 million tonnes after that, and another 3 million tonnes soon, with the US Treasury issuing a temporary license until April 2027. [1] [2] [3] [4] [5] [6] [7]
Trump said the move will bring diesel prices down in record numbers. Diesel prices in the US have doubled since the Iran war began in February, reaching a record $6.52 per gallon in September. [1] [4] [7]
Sources
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