Trump’s diesel deal has no winners
Trump’s diesel deal has no winners newspress_en Tue, 10/20/2026 - 04:24 Business & Economy President Donald Trump’s controversial decision to suspend sanctions on Russian diesel exports won’t do much, if anything, to lower fuel prices, especially before next month’s midterm elections. Yet it won’t provide Moscow with a financial windfall, either. The administration’s surprise suspension of bans…
President Trump's recent decision to suspend sanctions on Russian diesel exports has no positive outcomes for consumers, Ukraine, or Russia, according to recent analysis. The move comes amid ongoing tensions between the U.S. and Russia, with Trump also proposing a cease-fire between the two countries to further benefit Russian energy sales.
However, legal and political challenges, as well as Ukraine's continuous strikes on Russian refineries, create obstacles for the deal's effectiveness. Despite these challenges, Russia's oil industry remains resilient, capable of meeting the anticipated diesel export volumes of 300,000 tons in October, 500,000 tons in November, and up to a million tons each month until April, according to Sergey Vakulenko, a former Russian oil executive.
Written by urgent.news from Al Majalla English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
