Russia says can export 3.5 mln tons of diesel monthly by year-end
Trump made a surprise announcement of an energy ceasefire between Russia and Ukraine on Sunday.
Deputy Prime Minister Alexander Novak forecasted that Russia could export between 3 million tons and 3.5 million tons of diesel monthly by the end of the year, according to a statement made on Monday. Novak spoke to Rossiya-24 state TV channel. Additionally, he attributed the potential increase in exports to a deal struck with US President Donald Trump.
The agreement is expected to help balance global supply and demand for diesel. Trump announced a surprise energy ceasefire between Russia and Ukraine on Sunday, which he claimed was "effective immediately." However, Ukrainian President Volodymyr Zelenskiyy expressed that he was still awaiting the details of the deal. Moscow has not commented on the ceasefire announcement, which came after Trump pressured Ukraine to cease its attacks on Russian oil refineries.
Trump blamed those strikes for a rise in diesel prices, which he believes is negatively impacting his Republican Party as the US midterm elections approach. Relations between the two countries have deteriorated significantly, with Trump warning Zelenskiyy that he must stop attacking Russian refineries. Trump also urged Ukrainians to replace their leader in new elections.
Trump's announcement of an energy ceasefire was made on Sunday via his Truth Social platform, but without further elaboration.
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