Russia begins diesel exports after Trump deal amid global oil market concerns
Russian diesel exports have started reaching global markets following an agreement with US President Donald Trump. The Kremlin stated that these supplies could help stabilize oil markets, but they will not suffice. Reports indicate that Russian shipments of diesel resumed from the Baltic port of Primorsk recently. Ukraine's leadership and various European officials have strongly criticized this…
Russian diesel oil shipments resumed on Thursday, following a deal with US President Donald Trump, according to the Kremlin spokesman Dmitry Peskov. The resumption of exports could help stabilize oil markets, though it is not sufficient for a full resolution. The deal allows Russia to supply over 300,000 metric tonnes of ultra-low sulphur diesel to US and global markets, with further shipments of 500,000 tonnes and 1 million tonnes planned in November and immediately after.
However, experts note that the initial volume would only cover less than four days of demand for US transport sector. The agreement has drawn criticism from Ukrainian President Volodymyr Zelenskyy and some Republican politicians in Trump's party. US Energy Information Administration data shows that daily diesel consumption in the sector is around 2.94 million barrels.
The deal comes amid tensions over the ongoing energy ceasefire between Russia and Ukraine, with the Kremlin accusing Kyiv of undermining peace efforts by continuing strikes on Russian oil refineries.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
