Trump says U.S. to get diesel from Russia, relaxing pressure on Moscow to ease prices before midterms
Trump says the U.S. will obtain diesel from Russia, relaxing years of U.S. pressure on Moscow, to combat prices before midterms. He said he struck the deal with Russian President Vladimir Putin in a phone call.
The Trump administration has arranged for Russia to supply diesel fuel to the US and global markets in an effort to lower prices ahead of the midterm elections. According to Newsweek, President Trump said he struck a deal with Russian President Vladimir Putin in a phone call, with Russia agreeing to supply over 300,000 tons of diesel fuel immediately, another 500,000 tons in November, and 1,000,000 tons thereafter, eventually delivering another 3 million tons.
The Treasury Department issued a general license allowing Russian diesel to reach global markets, with the Office of Foreign Assets Control authorizing transactions involving the sale, delivery, and importation of Russian diesel fuel.
Ukrainian President Volodymyr Zelensky expressed frustration with the decision, telling Axios it was "not fair and not honest" and seemed like a "happy birthday present" for Putin, creating a new crisis between the US and its Western allies.
Brief written by urgent.news from NPR, Newsweek, MarketWatch Top, MarketWatch, Axios — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
