Archive · 12 Oct 2026

Bessent Defends Russian Diesel Deal Amid Sanctions Law Questions

Bessent Defends Russian Diesel Deal Amid Sanctions Law Questions

The United States and Russia have made a plan for Russia to sell diesel to world markets.

President Donald Trump said the shipments could add up to nearly five million tonnes.

The United States issued a temporary licence that allows Russian diesel purchases until April 7, 2027.

Russia also eased its ban on diesel exports.

Treasury Secretary Scott Bessent said the deal could help bring down prices for Americans.

He said the administration has legal authority to carry it out.

A new US law also sets deadlines for tariffs connected to Russian energy trade.

The articles say it is still unclear how the law’s provisions apply to the deal.

One part of the law counts purchases of crude oil and natural gas, not diesel, when identifying certain countries for tariffs.

Sources