Trump Secures Russian Diesel for US Market

Trump secures Russian diesel for the US market (News Central TV) Trump secures Russian diesel for the US market (News Central TV)
The Great Wenchao bulk carrier lies at anchor in Nakhodka Bay near the port city of Nakhodka, Russia, on December 4, 2022. Credit: REUTERS/Tatiana Meel

US President Donald Trump secured an agreement with Russian President Vladimir Putin on Friday to release diesel fuel into American and international markets to combat surging energy costs driven by the war with Iran.

Under the deal, Russia will immediately deliver more than 300,000 tonnes of diesel, followed by an additional 500,000 tonnes in November to relieve global market shortages.

Following the announcement, the US Treasury Department issued a temporary license authorising Russian diesel shipments to flow freely to international buyers.

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Trump secures Russian diesel for the US market (News Central TV)
Trump secures Russian diesel for the US market. Credit: Reuters

Trump pledged that the additional supply will rapidly lower fuel prices for consumers worldwide.

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  • Abisoye Adeyiga

    Abisoye Adedoyin Adeyiga holds a PhD in Languages and Media Studies and a Master’s in Education (English Language). Trained in digital marketing and investigative journalism, she is passionate about new media’s transformative power. She enjoys reading, traveling, and meaningful conversations.

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