International News

Trump Announces Russian Diesel Deal To Ease Global Fuel Prices

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Updated

By TaiwanPlus

US President Donald Trump says he and Russian President Vladimir Putin have reached a deal for Russia to supply over 300,000 metric tons of diesel to the US and global markets, aiming to ease fuel prices. Under the reported agreement, the US would temporarily lift sanctions on Russian energy exports originally imposed over Moscow's invasion of Ukraine.

Russian Diesel Deal

REPORTER:  
US President Donald Trump says he and Russia's President Vladimir Putin have agreed on a deal to boost diesel supplies to ease global fuel prices.

REPORTER:  
Russia will immediately supply more than 300,000 metric tons of diesel to the US and global markets. Washington will temporarily ease sanctions on Russian energy exports, originally imposed over Moscow’s invasion of Ukraine to restrict funding for its war effort. This comes as rising energy prices have become a major issue ahead of the US midterm elections.