Trump strikes deal with Putin to supply Russian diesel to U.S. and global markets
President Donald Trump said he had reached an agreement with Russian President Vladimir Putin to allow Russian diesel into global markets, saying the move would bring down fuel prices.
Trump announced the deal after a phone call with Putin. He said Russia would release diesel immediately, though the accounts differ on the quantities: one report cites more than 300,000 tons initially, followed by further shipments, while another does not specify amounts.
The announcement comes as rising fuel costs create political pressure ahead of US midterm elections. Ukrainian President Volodymyr Zelensky criticized the arrangement, saying Russia would repay it with further terror.
Where this came from
CNBC did not allow its article to be shown here. This version was written by Sureno, in its own words, from other reporting: