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Tviler på Trumps diesel-avtale: – Hjelper veldig lite

Russiske leveranser vil dekke én dag av verdens dieselforbruk, ifølge ekspert.

Tviler på Trumps diesel-avtale: – Hjelper veldig lite

US President Donald Trump has signed a diesel agreement with Russian President Vladimir Putin, but it will have very little impact on the global diesel market, according to Ole Hvalbye of ABG Sundal Collier. The deal's volume is minimal compared to global diesel demand and the reduction in Russian refining capacity due to Ukraine's attacks, making the agreement insignificant.

Diesel prices have been extremely high in many countries, including the US ahead of the midterm elections in November, with prices being double the price of crude oil. Although diesel prices have slightly decreased, they remain unusually high in many markets. Trump is using this agreement to divert attention from the conflicts in the Middle East and blames Ukraine for the situation.

Ukraine's actions have crippled almost half of the country's refining capacity. Trump is now trying to prevent Ukraine from attacking Russian refineries and oil infrastructure. This event could last at most three to four weeks, and it is unlikely that either Russia or Ukraine will attack each other's energy infrastructure, but Schieldrop believes it unlikely that Russia will back down from attacking Ukraine.

Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at e24.no →

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