Trump: Russia to supply diesel globally
U.S. President Donald Trump stated that his Russian counterpart, Vladimir Putin, committed to releasing millions of tons of diesel into the American and global markets over several months, describing their conversation as "very productive." Russia plans to supply more than 300,000 tons of diesel immediately, in addition to 500,000 tons in November and one million tons shortly thereafter, with the possibility of pumping up to three million tons quickly depending on the condition of its refining plants. This move aims to significantly reduce diesel prices, especially for farmers and truck drivers, as the U.S. Treasury Department issues a temporary license to allow Russian diesel to flow into global markets, in an effort to lower global energy costs.
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