US Lifts Sanctions On Sale Of Russian Diesel Until April 2027
Trump said Russia will immediately supply more than 300,000 tons of diesel, followed by 500,000 tons in November, and one million tons immediately thereafter.
The US has lifted sanctions on the sale of Russian diesel until April 7, 2027. According to the US Department of Treasury, this exemption allows for the sale, delivery, and importation of Russian-origin diesel fuel until that date.
US President Donald Trump announced that Russia will supply over 300,000 tons of diesel immediately, followed by 500,000 tons in November, and one million tons thereafter. Additionally, Russia will deliver another 3 million tons of diesel, contingent on the condition of its refineries, as reported by Hindu BusinessLine.
Diesel prices have surged globally due to Ukraine's attacks on Russian refineries, which led to Moscow banning diesel exports. The situation was further complicated by Houthi militia attacks on refineries in Saudi Arabia, tightening fuel supplies.
Brief written by urgent.news from NDTV, Hindu BusinessLine — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
