Trump Strikes Russian Diesel Deal With Putin, Reversing Years of U.S. Sanctions Policy

The agreement raises questions about Washington's sanctions policy and its efforts to restrict Russian energy revenue during the Ukraine war. It also highlights the contrast between earlier U.S. pressure on countries such as India over Russian energy purchases and Washington's latest decision to ease restrictions. Trump argues that increasing global diesel supplies could help lower fuel prices for American farmers, truckers and consumers.

U.S. lawmakers from both parties are demanding that Trump reconsider the agreement. Additional Russian diesel shipments are planned for November and subsequent months. Ukraine and European allies are watching whether the sanctions relief strengthens Russia's ability to finance its war. Energy markets will assess whether the additional supply meaningfully reduces diesel prices.