13 Hrs
Source:
CNN Arabic
Impact of Trump's Russian diesel deal on Ukraine
The article discusses U.S. President Donald Trump's efforts to reach an agreement with his Russian counterpart, Vladimir Putin, to supply Russian diesel to global markets in an effort to reduce energy costs ahead of the midterm elections. Trump announced a deal to immediately deliver over 300,000 tons of diesel, with promises to supply 500,000 tons in November—equivalent to approximately 1.34 million barrels—enough to meet the United States' needs for about a day and a half. Analysts expect supplies to increase by 5% to 6% by the end of the year; however, they believe that the impact on the global diesel market will be limited, especially since Russia had banned diesel exports in July following attacks on its factories by Ukraine, which caused a severe market shortage. Despite this, officials and experts express doubts about Russia's ability to fulfill the promise. The announcement has also angered Kyiv, which considers Russian oil and gas revenues to be financing the war. Ukraine continues to target Russian oil infrastructure, refusing to cease its attacks despite U.S. pressure. The issue is marked by political and economic tensions, with concerns about the impacts of sanctions and the oil system, and some analyses suggest that the main aim is to achieve political gains before the elections and to influence market conditions.
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