Home · Politics · Oct 9 archive

Trump Announces Russia to Supply Millions of Tons of Diesel to US

7:09 PM ETConfirmed

Politics Desk

In Short: US President Donald Trump said Russia will supply millions of tons of diesel to the US and global markets to lower fuel prices.

US President Donald Trump announced that Russia will supply millions of tons of diesel to the US and global markets, aiming to lower fuel prices. According to Al Jazeera (Qatar) and Kyivindependent (Ukraine), Trump made the announcement on his Truth Social platform.

Al Jazeera (Qatar) and Kyivindependent (Ukraine) reported that Trump said Russia would immediately supply over 300,000 tons of diesel, followed by 500,000 tons in November and 1 million tons shortly thereafter. The Whistler Newspaper (Nigeria) and Turkiyetoday (Türkiye) also confirmed these figures.

The Kremlin stated that Putin told Trump in a phone call on Friday that Russia was ready to supply oil to the US and world markets. Al Jazeera (Qatar) and Turkiyetoday (Türkiye) reported this statement.

According to Al Jazeera (Qatar), diesel prices have risen 70 percent since the US and Israel’s war on Iran began this year, despite previous efforts by Trump to boost supplies. Kyivindependent (Ukraine) and The Whistler Newspaper (Nigeria) noted that diesel prices have been elevated but have started to decline recently.

The U.S. Treasury Department said it would issue a temporary sanctions license permitting Russian diesel supplies, as directed by Trump. Al Jazeera (Qatar) and Kyivindependent (Ukraine) reported this development.

Kirill Dmitriev, an envoy for Russian President Vladimir Putin, praised the cooperation between Russia and the US on diesel and energy in a post on X shortly after the announcement. Al Jazeera (Qatar) and Kyivindependent (Ukraine) reported this.

Al Jazeera (Qatar) and Kyivindependent (Ukraine) noted that the move comes as diesel prices are near record highs ahead of the November 3 congressional elections. The News International (Pakistan) and The Whistler Newspaper (Nigeria) also confirmed this timing.

The agreement between the US and Russia on diesel supply is expected to benefit the global market, as reported by Al Jazeera (Qatar) and Kyivindependent (Ukraine).

While the exact figures and timelines may vary slightly among reports, all outlets agree that Russia will supply millions of tons of diesel to the US and global markets to help lower fuel prices.

Al Jazeera (Qatar) and Kyivindependent (Ukraine) reported that the move comes as diesel prices have risen significantly since the start of the year, despite previous efforts to boost supplies.

The U.S. Treasury Department's decision to issue a temporary sanctions license for Russian diesel supplies was confirmed by Al Jazeera (Qatar) and Kyivindependent (Ukraine).

All outlets agree that the cooperation between Russia and the US on diesel supply is expected to have a positive impact on global fuel prices and markets.

Background

What's confirmed

• United States President Donald Trump said that Russia has agreed to supply 300,000 tonnes of diesel fuel to global markets amid discussions with Russian President Vladimir Putin.
• “I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter,” Trump said in a post on his Truth Social platform.
• The president added that Russia would deliver an additional 3 million tonnes of fuel “within a short period of time”.
• “Russia-US cooperation on diesel and energy will benefit the world,” Dmitriev wrote on X.
• The move also comes as prices of diesel, used in agriculture, heating homes and trucking goods, are near record highs ahead of the November 3 congressional elections that will determine control of Congress.
• US President Donald Trump announced a deal with Russian President Vladimir Putin for Moscow to supply millions of tons of diesel fuel to American and global markets.
• The U.S. Treasury Department said that, following Trump’s direction, "the Office of Foreign Assets Control (OFAC) is immediately issuing a temporary general license to allow the supply of Russian diesel to the global market."
• Trump said on Truth Social that Russia would immediately provide more than 300,000 tons of diesel, followed by another 500,000 tons in November and 1 million tons shortly afterward.
• “The Russian side reaffirmed its readiness to supply oil and oil products to the American and world markets,” the Kremlin said regarding the talks.
• The Kremlin said Putin told Trump in a phone call on Friday that Russia was ready “to supply oil” to the US and world markets.

What's still developing

• The latest announcement comes a week after the G7 countries agreed to release 100 million barrels amid pressure from the White House.
• Diesel prices, which can drive inflation, are up 70 percent since the US and Israel’s war on Iran began this year, despite two high-profile recent moves by Trump to boost supplies of the fuel: pressuring allies ‌to release emergency reserves and expanding access to tax-exempt red-dyed diesel, which is normally used for farm equipment.
• WASHINGTON, DC: President Donald Trump said nearly 1 million Americans will receive $500 Obamacare rebates, arguing excessive fees collected under Biden should be returned.
• Treasury, in a First on Fox story Wednesday, unleashed a whole-of-government crackdown, targeting the financial network of the violent foreign terrorist organization (FTO) TdA over a massive, high-tech ATM "jackpotting" scheme that has siphoned millions from American banks.
• "What genocidal regime gives millions of polio vaccines to the enemy population? What genocidal regime enables the distribution of two million tons of food to Gaza, a ton per person?"
• LOS ANGELES - Labor Day holiday travel is underway, with millions of Americans taking to the skies and roads for what is widely considered the unofficial end of summer.
• President Donald Trump announced late Friday night that his administration will be sending out checks "of nearly $100" immediately to millions of seniors to help them pay for Medicare Part B premiums.
• Treasury Secretary Scott Bessent said earlier this month that the number of accounts could reach about "70 million because we will go to auto-enroll," reported The Hill.
• Still, it was where D.C.’s buttoned-up power class got to mingle with Hollywood stars at an awards show that was broadcast to millions.
• "I am pleased to announce over 20 million seniors on Medicare will still be receiving a deposit of nearly $100 directly into their bank accounts," Trump said.
• Treasury said more than 60 million additional children under 18 will be automatically enrolled.
• Her… Russia and Germany are putting more diesel into a global market that has spent months looking for barrels almost anywhere it can find them.

Sources

• Al Jazeeralink
• Benzingalink
• CBS Newslink
• Crude Oil Prices Today | OilPrice.comlink
• Daily Sabahlink
• Euromaidanpresslink
• Just The Newslink
• KOA 850 AM & 94.1 FMlink
• Kyivindependentlink
• Quiver Quantitativelink
• The News Internationallink
• The Whistler Newspaperlink
• Turkiyetodaylink
• United24Medialink
• WBFFlink
• WSBTlink
• MS NOW — video link