Trump and Putin Announce Deal for Russian Diesel Deliveries

Trump and Putin have agreed on supplies of Russian diesel fuel to the US

The US President described the talks with the Russian President as “very successful”. He also stated that Russia would “immediately” supply more than 300,000 tonnes of diesel fuel to the US and the global market.

Donald Trump. / REUTERS

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On Friday 9 October, US President Donald Trump announced “very successful” talks with Russian President Vladimir Putin, during which an agreement was reached on the supply of Russian diesel to the US and the global market. Trump wrote about this on the social media platform Truth Social, according to dw.com.

According to the White House chief, Russia “will immediately supply more than 300,000 tonnes of diesel fuel to the US and global markets, a further 500,000 tonnes during November, and 1,000,000 tonnes immediately thereafter”. Going forward, depending on the condition of Russian oil refineries, Moscow should be able to ensure the supply of a further 3 million tonnes of fuel in the short term, the US president stated.

According to Trump, thanks to Russian energy resources and US “full control” over the Strait of Hormuz, diesel prices “for Americans – and indeed for the whole world – will fall rapidly and significantly”.

On the same day, the US Treasury Department announced that the Office of Foreign Assets Control (OFAC), acting on Trump’s orders, “is immediately issuing a temporary general licence authorising the supply of Russian diesel fuel to the global market”.

Putin confirmed the agreements with Trump

On the evening of 9 October, Vladimir Putin officially confirmed a telephone conversation with Trump and the agreements regarding the supply of Russian petroleum products to the global market.

“During discussions on the state of affairs in the global energy sector, the Russian side confirmed its readiness to supply oil and petroleum products to the US and global markets. I am confident that this will have a positive impact on the entire global economy,” reads the statement from the President of the Russian Federation.

Novak: Russia to ‘immediately’ lift restrictions on diesel exports

Russian Deputy Prime Minister Alexander Novak told the TASS news agency that Russia “is immediately beginning to lift restrictions on diesel exports ahead of the previously planned schedule”.

He confirmed Mr Trump’s remarks that Russian diesel exports could eventually reach 3 million tonnes per month.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.

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