Tag: oil prices

Trump announces deal for Russian diesel as Zelensky calls it a gift
Businessglobal-economy

Trump announces deal for Russian diesel as Zelensky calls it a gift

President Donald Trump has announced an agreement to import millions of tonnes of Russian diesel into the US in an effort to lower domestic fuel prices. The deal involves the US Treasury temporarily suspending sanctions on Russian diesel exports. Ukrainian President Volodymyr Zelensky strongly condemned the move, describing it as a "gift to Putin" and an investment in the ongoing war. Meanwhile, analysts have questioned whether the imported quantities will be large enough to significantly impact American pump prices.