Russian Diesel Not for Us, but for World Markets: Trump
The temporary licence runs through April 2027 and could send billions of dollars to the Kremlin, drawing criticism from Democrats and Republicans.
- On October 9, 2026, President Donald Trump announced an agreement with Russian President Vladimir Putin to supply diesel to global markets, with the Treasury Department issuing a license easing sanctions until April 7, 2027.
- Last month, Congress passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which President Trump signed into law to apply economic pressure on Russia; the new diesel arrangement directly counters this bipartisan legislative strategy.
- The initial 300,000 tons of Russian diesel equals over 2 million barrels, covering less than one day of American consumption; Forbes estimates the fuel would last 11 minutes on the global market, offering negligible price relief.
- Senators including Susan Collins and Angus King wrote to Trump on Tuesday, terming the Russia deal a "gift to our adversary and a betrayal of our allies" while urging the White House to rescind the authorization.
- Future deliveries of 500,000 tons next month and 1 million tons in December will test the administration's balance of energy and geopolitical costs, as senators warn Russia's revenue will finance its war of attrition against Ukraine.
268 Articles
268 Articles
Rep. Andy Harris debates Dan Schwartz in Cambridge and tries to explain diesel prices. Then he points at an audience member: 'You are rude!'
Republican Rep. Andy Harris of Maryland clashed with people in the audience Tuesday night while debating Democrat Dan Schwartz, according to Mediaite. The League of Women Voters organized the event in Cambridge for the race in Maryland’s First Congressional District. Harris has held the seat since 2011 and remains the sole Republican in the state’s eight-member House delegation. The exchange centered on fuel costs. Harris discussed President Don…
On October 9, US President Donald Trump announced in Truth Social a "transcendental" agreement with Vladimir Putin whereby Russia will "immediately" supply 300,000 tons of diesel to the US and global market, followed by another 500,000 in November and 1 million "immediately thereafter." This with the possibility of delivering up to 3 million additional tons, "depending on the state" of its refineries. To make this possible, the Treasury Departme…
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