Business · Energy & Commodities · 3 hrs ago
Trump agrees to Russian diesel supply as US prices surge
US President Donald Trump and Russian President Vladimir Putin agreed to a supply of more than 4.8 million tonnes of Russian diesel.
The United States also waived sanctions on Russian diesel exports until April.
The move comes as US diesel prices have risen to $6.28 a gallon, about 71% higher than a year earlier.
High fuel costs are putting pressure on farms and transport businesses and adding to political challenges for Republicans.
The agreed volume equals about three weeks of the global diesel shortage.
But damage to six Russian refineries and export limits make it unclear how much fuel will actually reach buyers.
Ukrainian President Volodymyr Zelensky criticized the deal, saying Russian energy exports help fund the war.
Donald Trump agreed with Vladimir Putin to allow more than 4.8 million tonnes of Russian diesel to be supplied, while waiving export sanctions until next April.
The agreement came as US diesel prices reached $6.28 a gallon, about 71% higher than a year earlier.
Ukrainian President Volodymyr Zelensky criticised the deal, saying Russian energy exports help fund the war.
The reported supply would cover about three weeks of the global shortfall, but actual deliveries were uncertain because of damage to Russian refineries and export limits.
- Who
- Donald Trump and Vladimir Putin agreed to the arrangement. Volodymyr Zelensky criticised it.
- What
- More than 4.8 million tonnes of Russian diesel were to be supplied, with export sanctions waived until next April.
- When
- The report was published on October 11, 2026. The sanctions waiver was to last until next April.
- Where
- The diesel was Russian, and the price pressure cited was in the United States.
- Why
- US diesel prices had risen sharply, adding pressure on agriculture, transport and Republicans ahead of elections.
Donald Trump and Vladimir Putin
Volodymyr Zelensky
Diesel supply
Donald Trump and Vladimir Putin
Trump agreed with Putin to allow more than 4.8 million tonnes of Russian diesel to be supplied.
Volodymyr Zelensky
Zelensky objected, saying Russian energy exports provide funds for the war.
Sanctions
Donald Trump and Vladimir Putin
The agreement included a waiver of export sanctions until next April.
Volodymyr Zelensky
Zelensky criticised the supply arrangement; the article says he argued Russian energy exports fund the war.
No direct quotes in the coverage so far.
This story does not have a timeline yet.
- Russian diesel supply
- More than 4.8 million tonnes
- US diesel price
- $6.28 per gallon
- Yearly price increase
- About 71%
- Sanctions waiver
- Until next April
- Estimated global supply
- About three weeks of the shortfall
Sources
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