energy-and-geopolitics3 days ago
Trump Sanction Waiver Unlocks Russian Diesel Amid Ukraine’s War
President Trump announced a deal with Vladimir Putin to supply over 4 million tons of diesel to global markets, including 300,000 tons immediately and 500,000 tons in November. The Treasury Department issued a temporary sanctions waiver through April 2027 to facilitate this flow. Ukrainian President Volodymyr Zelenskyy condemned the move, arguing it prolongs the war without securing de-escalation. The decision aims to lower fuel prices ahead of the November midterm elections, though analysts question if the volume will significantly impact the global shortage.