Trump announces Russian diesel deal amid soaring US fuel prices

Russia to supply 300,000 tonnes of diesel immediately, followed by 1.5 million more, as prices soar amid the Iran war.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.Recommended Stories list of 4 itemslist 1 of 4Trump launches midterms campaign blitz amid record low approval ratingslist 2 of 4California leads lawsuit against Trump fuel efficiency standards rollbacklist 3 of 4Southeast Asia’s energy chiefs meet against backdrop of Iran warlist 4 of 4Trump blames Democrats and Ukraine for soaring US fuel prices, not Iran warend of listThe president added that Russia would deliver an additional 3 million tonnes of fuel “within a short period of time”. He said that the country would supply 500,000 tonnes in November.The Kremlin said Putin told Trump on Friday that Russia was ready “to supply oil” to the US and world markets.“The Russian side reaffirmed its readiness to supply oil and oil products to the American and world markets,” the Kremlin said regarding the talks.An envoy for Russian President Vladimir Putin, Kirill Dmitriev, praised cooperation between Russia and the United States on diesel and energy in a post on X shortly after.“Russia-US cooperation on diesel and energy will benefit the world,” Dmitriev wrote on X.Petrol price pressuresThe deal comes despite Ukrainian air strikes, which have taken more than half of the country’s oil refining capacity offline, according to claims made by Ukraine’s Ministry of Defence on Sunday.The latest announcement comes a week after the G7 countries agreed to release 100 million barrels amid pressure from the White House.