Russian diesel tanker heads for U.S. following Trump-Putin deal
The first shipment of Russian diesel fuel heads for the U.S. as Trump looks for boost ahead of midterm elections. The post Russian diesel tanker heads for U.S. following Trump-Putin deal appeared first on FreightWaves .
A Russian tanker carrying 40,000 metric tons of diesel oil is on its way to New York, following a new trade deal between the U.S. and Russia. The Malta-flagged Agioi Fanendes left its port in Russia on October 22nd and is expected to reach the United States on November 7th. This shipment marks the first U.S.-bound import of Russian diesel since the 2022 ban on Russian oil and petroleum imports.
The agreement was announced by President Donald Trump on October 9th and includes a release of 300,000 metric tons of diesel to the U.S. and global markets, with additional shipments planned as both countries finalize delivery contracts. The agreement combines U.S. sanctions relief with Russia's decision to lift its own restrictions on diesel exports.
While the shipment is expected to lower diesel prices, experts believe it may not have a significant impact. The agreement has drawn criticism from Ukraine, who has urged its partners to tighten restrictions on Russian energy revenue as Russian President Vladimir Putin continues his war against Ukraine.
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