Trump Announces Russia Diesel Deal With 300,000 Tons for Immediate Supply After Putin Talks
President Donald Trump said Friday that Russia will immediately supply more than 300,000 tons of diesel fuel after a discussion with President Vladimir Putin, with further deliveries planned in November and beyond as U.S. fuel prices stay near record highs.
WASHINGTON — President Donald Trump said on Friday that Russia will immediately supply more than 300,000 tons of diesel fuel to the American and global marketplace following a discussion with Russian President Vladimir Putin, according to Reuters.
Trump described the discussion as highly successful and said additional shipments are planned, including 500,000 tons in November and 1 million tons thereafter, according to Reuters. He also said Russia would deliver another 3 million tons within a short period, depending on the condition of its diesel refineries, according to Reuters.
A fuel deal weeks before the midterms
The announcement comes as U.S. diesel prices remain elevated ahead of the Nov. 3 midterm elections. Trump announced the arrangement in a Truth Social post, according to the New York Post, which said the deal is aimed at easing surging fuel costs.
The Post noted that Trump in September signed a law imposing steep tariffs on Russian goods that is set to take effect Oct. 19, while retaining presidential waiver authority over many of its provisions. The newspaper also reported that the administration has alternated between tougher sanctions on Russia over Ukraine and waivers tied to energy disruptions from the war with Iran.
The new diesel arrangement, if carried out as announced, would add supply from Russia at a moment when the administration has also pressed allies to release emergency reserves and sought other ways to lower fuel costs, according to Reuters coverage of the announcement.
Reporting based on coverage by Reuters and New York Post.