Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Exclusive-First Russian diesel from Putin-Trump deal heading for US, data shows

Exclusive-First Russian diesel from Putin-Trump deal heading for US, data shows

The first shipment of Russian diesel destined for the United States following a recent agreement between Russia and US President Donald Trump is en route to New York, according to ship-tracking data. President Trump announced the deal this month, citing his efforts to curb rising diesel prices before the November 3 US midterm elections.

The agreement allows Russia to waive certain sanctions, while also pressuring European countries to release more oil from their emergency reserves to help alleviate price pressures. The tanker Agioi Fanendes, a medium-sized ship flagged under Malta, is carrying 40,000 metric tons of ultra-low sulphur diesel, and is scheduled to arrive in the US on November 7.

The tanker was loaded with the diesel in Russia’s Baltic port of Primorsk on October 22. The identity of the buyer and seller for the shipment remains undisclosed.

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

Also reported by 1 other outlet

Read the original at investing.com →

More in Finance & Markets

Thursday assorted links

1. “A whopping 79 NBA players are listed on today’s 2:30 PM injury report for tonight’s games. That’s roughly 15% of the entire league” This is just week one people! And some commentary. 2.

More from Thursday 29 October →