UP

Trump’s diesel deal could earn Russia $6.7 billion

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Trump’s diesel deal could earn Russia $6.7 billion

US President Donald Trump’s deal to import Russian diesel could generate up to $6.7 billion in gross revenue for Moscow, potentially strengthening Russia’s war effort against Ukraine while doing little to lower fuel prices in the United States.

Axar.az reports, citing German newspaper Bild, that Russia is expected to supply up to 4.8 million tonnes of diesel to the US over several months, beginning with 300,000 tonnes in October.

At the current market price of around $1,400 per tonne, the full volume could generate approximately $6.7 billion in gross revenue. The actual proceeds will depend on the quantities delivered and the prices secured.

The agreement is based on a US Treasury measure temporarily permitting the sale, delivery and import of Russian-origin diesel into the United States despite existing sanctions.

Fuest warned that if Russia succeeds in delivering the promised volumes, the deal could strengthen Moscow while weakening Kyiv.

It should be noted that the U.S. Treasury Department announced that sanctions on Russian diesel exports had been lifted until April 7 next year.

Date
2026.10.11 / 13:11
Author
Axar.az
See also

Iran proposes two-day timeline for US peace deal

Two Azerbaijanis killed in road accident in Russia

Former Zelensky spokeswoman Mendel charged with treason

Russian deputy foreign minister meets Armenian ambassador

Armenia could apply for EU membership in 2027 or 2028

Millions vote in US midterms to decide control of Congress

Azerbaijan and Latvia hold consular consultations

Zelensky rejects phone talks with Putin, calls for meeting

Pashinyan: Peace with Azerbaijan is already reality

Turkiye denies claims Heydar Aliyev bust will be removed

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla