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Australia says it won’t buy Russian fuel despite Trump’s diesel agreement

Australia has no need to buy fuel from Russia and said that purchases from there would remain barred so that the country did not benefit from the invasion of Ukraine. “We don’t need or want Russian fuel in Australia,” Chris Bowen, Australia’s minister for climate change and energy, said on Saturday at a press conference in western Sydney. “We do not want Vladimir Putin to benefit from this war in…

Australia says it won’t buy Russian fuel despite Trump’s diesel agreement

U.S. President Donald Trump is in discussions with Russian President Vladimir Putin to release Russian diesel supplies into global markets, potentially easing years of sanctions and helping to alleviate soaring fuel prices ahead of the U.S. midterm elections in November. The White House has announced initial shipments totaling about 13.5 million barrels, with Trump expressing gratitude for Putin's contribution.

However, the move has drawn criticism from Ukrainian President Volodymyr Zelenskyy, who decried the deal as an investment in a war that should be ended.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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