Trump’s diesel deal with Putin helped Russia double its exports — but the U.S. has yet to receive a single shipment, FT reports
Russia exported 271,000 barrels of diesel fuel per day in October, twice the September figure of 135,000 barrels per day, the Financial Times reported, citing data from the analytics firm Kpler.
The increase followed demands from the Donald Trump administration that Ukraine stop striking Russian oil refineries. Trump also struck a “diesel deal” with Vladimir Putin in early October, under which the U.S. Treasury Department temporarily eased sanctions on Russian diesel.
Russia sent four tankers carrying diesel to the United States under its agreement with the White House, but none has yet reached the American coast. Diesel exports to Brazil, Turkey, and other countries have also risen, the FT said.
Trump said the deal with Putin would lower fuel prices in the U.S., but analysts and experts predicted that would not happen. They pointed out that the volumes Russia can supply cannot significantly affect the U.S. fuel market.
Ukraine had suspended its strikes on oil refineries for a time, but the attacks resumed in October.
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