Donald Trump · Vladimir Putin · Ukraine · Russia · U.S. · Axios
Trump introduces major diesel agreement with Putin, infuriating Ukraine
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President Trump announced Friday that he's reached a deal with Russia to increase the supply of diesel to the U.S. and global markets, angering Ukraine, which called it a gift to Vladimir Putin in the midst of their war.
Key facts
- Ukrainian strikes cut Russia's available refining capacity by as much as 60% over the summer, though the effect varies month to month, per an analysis by two Dallas Fed researchers this week
- President Trump announced Friday that he's reached a deal with Russia to increase the supply of diesel to the U.S. and global markets, angering Ukraine, which called it a gift to Vladimir Putin
- The Kremlin said that during Putin's call with Trump, "significant attention was devoted to prospects for resolving the Ukraine crisis
- What they're saying: "Putin and others are trying to opportunistically shift blame for high diesel prices onto Ukraine, rather than the U.S.-Israel-Iran war devastating global supply chains," said
Summary
The announcement, which includes a waiver on some U.S. energy sanctions against Russia, took place as Ukrainian and European diplomats arrived in Miami for talks on ending the war with Russia. What he's saying: "The reporter has 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 wrote on Truth Social. Trump added that Russia will deliver," within a short period of time, 3,000,000 Tons of Diesel Fuel.