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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.
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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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El Economista broke the news in Mexico City, Mexico on Friday, October 9, 2026.
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