US agrees on diesel fuel supplies from Russia
Russia will immediately supply 300,000 tons of diesel fuel to the global market with US approval and substantially increase its exports in the future.
U.S. President Donald Trump has confirmed on social media that Russia will provide a substantial amount of diesel fuel to both American and global markets. According to Trump, Russia will initially supply over 300,000 tons of diesel fuel, followed by an additional 500,000 tons in November and a further 1,000,000 tons immediately afterward.
Russia has also pledged to release an extra 3 million tons of diesel fuel into the market, contingent upon the functionality of their oil refineries. Trump believes that these measures, coupled with the U.S.'s control over the Strait of Hormuz, will result in a significant decrease in diesel prices for Americans and the world at large.
The report from Ukrinform indicates that Russia's seaborne petroleum exports hit a three-month peak in September, despite a drop in diesel fuel shipments.
Written by urgent.news from Ukrinform - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
