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Trump says Putin agrees to major release of diesel to US and global markets

President Donald Trump said that he has struck a deal to obtain diesel from Russia, a stunning reversal of years of U.S. pressure on Moscow over its war with Ukraine and an attempt to address high fuel prices ahead of the US midterm elections. Get updated faster and for FREE: Download the Gulf News app now - simply click here. Trump said on social media on Friday that he struck the deal with…

Trump says Putin agrees to major release of diesel to US and global markets

President Donald Trump announced on Friday that he has reached an agreement with Russian President Vladimir Putin to release a significant amount of diesel into the US and global markets. This surprising deal comes just weeks after Trump signed a broad sanctions law aimed at punishing Russia for its actions in Ukraine. In a social media post, Trump stated that Putin agreed to deliver more than 300,000 tons of diesel immediately, with an additional 500,000 tons set to follow in November and 1 million tons shortly thereafter.

Trump's announcement comes as fuel prices have surged ahead of the US midterm elections, leading US officials to urge European allies to release their strategic reserves to help lower diesel costs.

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