Trump says Putin agrees to major release of diesel to US, global markets

According to Business Recorder, US President Donald Trump said on Friday that Russian leader Vladimir Putin had agreed to let diesel flow into American and global markets. Trump argued the shipments would ease surging energy costs while the conflict with Iran continues. Russia would send more than 300,000 tons immediately, he wrote on social media after speaking with Putin.

Trump's post said Moscow would then provide another 500,000 tons in November and 1,000,000 tons straight afterwards. The US Treasury Department issued a temporary license allowing Russian diesel to reach global markets through April 2027. The announcement comes a few weeks before midterm elections in which Trump's Republican Party could lose its grip on Congress.

Earlier US sanctions waivers that allowed Russian oil sales had raised concern that they could weaken efforts to cut Moscow's revenue for its war in Ukraine. Trump's statement also came as US, Ukrainian and European officials prepared for talks in Miami on ending the war, which Moscow began with its full-scale invasion in February 2022. Trump said lower prices for American farmers, ranchers and truckers were his top priority.