Trump’s Cheap Fuel Promise CRUMBLES! Putin Diesel Deal FAILS To Deliver Relief To Americans

Donald Trump’s agreement to bring more Russian diesel onto global markets is facing doubts over whether it can deliver the sharp fuel-price relief he promised, while also encountering bipartisan resistance in Washington. The Washington Post reported that diesel futures barely moved on Monday, with much of the initial decline following Trump’s announcement already erased. The promised Russian volumes amount to roughly 100,000 barrels per day this month and 125,000 in November, compared with Russia’s roughly 800,000 barrels-per-day exports last year. US retail diesel is averaging around $6.27 a gallon, about 71% higher than a year ago. Meanwhile, senators from both parties argue that allowing Russian diesel imports conflicts with a 2022 law restricting Russian energy imports and are demanding the administration reverse course. Even if Trump overcomes that challenge, analysts cited in the script question whether the Russian supply is large enough to significantly ease the wider global diesel shortage.

#trump #putin #russia #diesel #fuelprices #russianoil #uspolitics #energycrisis #inflation #midterms

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