Boosting US oil supplies with Russian diesel unlikely to have much impact on prices, experts say
Energy policy experts have stated that a new pact between the U.S. and Russia to increase diesel supplies is unlikely to significantly impact high gasoline prices. President Trump announced the deal with Russian President Putin, which includes an initial 300,000 tons of diesel, followed by additional shipments in November and later months.
However, experts argue that this move is merely a rearrangement of existing supply, rather than a reduction in global prices. While Russia may benefit from offloading its summer-grade diesel, overall prices are expected to remain high due to disruptions in the Middle East's refining capacity.
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