Trump says Russia to supply millions of diesel
President Donald Trump announced that Russia will supply over 3 million tons of diesel fuel to the global market to help lower prices amid soaring costs caused by conflicts in Iran and Ukraine. Trump stated that this, along with control of the Strait of Hormuz, would lead to a rapid decrease in diesel prices, which have reached an average of $6.26 per gallon, contributing to bankruptcies in the trucking sector. He also signed an executive order to expand access to red-dyed diesel for highway use.
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