Politics · October 9, 2026
Trump announces diesel deal with Russia in bid to lower prices
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President Donald Trump announced a deal with Russian President Vladimir Putin to release diesel into the global market to combat rising fuel costs. The agreement involves the immediate release of 300,000 tonnes of diesel, with more scheduled for November. In response, the US Treasury issued a temporary license for Russian diesel. While Russian envoys welcomed the deal, Ukrainian President Volodymyr Zelensky criticized it as an investment in Russian aggression. The move comes as Trump faces domestic pressure over high inflation and fuel prices ahead of the US midterm elections.
President Donald Trump announced a deal with Russian President Vladimir Putin to release diesel into the global market to combat rising fuel costs. The agreement involves the immediate release of 300,000 tonnes of diesel, with more scheduled for November. In response, the US Treasury issued a temporary license for Russian diesel. While Russian envoys welcomed the deal, Ukrainian President Volodymyr Zelensky criticized it as an investment in Russian aggression. The move comes as Trump faces domestic pressure over high inflation and fuel prices ahead of the US midterm elections.