Why Trump's Diesel Deal With Putin To Help Midterms Was Destined To Fail
“It was never enough," Jaime Brito from Dow Jones Energy told Newsweek.
Two tankers exporting Russian diesel under a deal between President Donald Trump and Russian President Vladimir Putin will not arrive in the United States, according to reports. Experts say the U.S. president's move to lower gas prices was never going to succeed. Trump issued waivers for sanctioned Russian energy, including diesel, to enter the U.S. to ease gas prices and concerns among Americans as they voted in the midterms.
However, two out of the three Russian diesel cargoes destined for the U.S. have diverted to other destinations, according to independent Russian outlet Agentstvo and the Financial Times. Experts suggest that the quantities of diesel involved in Trump's deal with Putin were never enough to have an impact at the pump. The White House has not commented on the matter.
Trump's diesel deal with Putin came shortly after he signed a tough sanctions bill punishing purchasers of Russian oil, which angered many but did not stop significant GOP losses in the midterms or ease gas prices at the pump, which spiked due to the Iran War.
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