Russian Deputy Prime Minister Alexander Novak said on Wednesday that the diesel agreement with the United States is linked to higher Russian refining and production and means additional taxes for the budget.
The Trump administration’s deal to allow Russian diesel into the United States blindsided Kyiv and Europe alike — halting peace talks, triggering threats to cut Ukraine’s intelligence access, and prompting a Ukrainian strike on a Rostov-on-Don oil terminal that burned for days.
Trump is hoping that increasing Russian exports of diesel will address fuel prices, but experts say the globe needs a lot more than Russia can supply. Until conflicts in Ukraine and Iran are resolved, the market will be under supplied, they say.
The Trump administration is considering or has moved to ease sanctions so Russian diesel and blacklisted tankers can enter legitimate markets, aiming to increase supply and lower fuel prices ahead of the midterms.
President Donald Trump’s recent diesel agreement with Russia has sparked backlash from Ukraine and a bipartisan group of senators. Under the agreement, Russia has pledged to supply more than 300,000 metric tons of diesel to U.S. and global markets to ease rising fuel prices.
Ukrainian President Volodymyr Zelenskyy on Friday condemned U.S. President Donald Trump's diesel deal with Russia, called Moscow's stance a "parody" of peace negotiations and welcomed the prospect of a greater role in talks for European allies he called "real leaders."
President Trump's top aides offered sharply different explanations this weekend of his Russian diesel deal amid a barrage of bipartisan criticism calling the move a gift to Russia. Why it matters: Oil, gas and petroleum products help finance Russia's war on Ukraine, and Trump's moves are bringing ri…
While it is very trendily woke to attack U.S. President Donald Trump whenever possible, the truth is rarely trendy or woke -- it is usually tough, pragmatic, and increasingly unpopular in today’s world. Precisely where his recent decision to import Russian diesel into the U.S.
