Trump's diesel deal angers allies

The agreement between U.S. President Donald Trump and Russia to export diesel has sparked legal controversy and disagreements with allies, especially given the U.S. sanctions that prohibit the purchase of Russian products. The deal stipulates that Russia will begin pumping diesel supplies into global markets, aiming to lower fuel prices ahead of the Congressional elections in November. However, experts expect its impact to be limited due to legal obstacles and high shipping costs. Additionally, a temporary ceasefire covering energy facilities between Russia and Ukraine has been announced, but Moscow and Kyiv have not officially approved it. Its effect on prices remains uncertain, despite U.S. administration pressures on Europe to draw down their diesel stockpiles.

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