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Trump announced a deal for Russia to supply more than 4 million tons of diesel as fuel costs rise. A temporary sanctions waiver drew criticism from Ukraine ahead of the U.S. midterm elections.

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00:00It's Benzinga bringing Wall Street to Main Street
00:02President Trump announced Friday that Russia will supply more than 4 million tons of diesel
00:06to the global market under an agreement with Russian President Vladimir Putin, according to
00:11CNBC. Russia will immediately supply more than 300,000 tons, followed by 500,000 tons in November
00:17with additional deliveries planned. The Treasury Department temporarily waived sanctions on
00:22Russian diesel through April 2027. Ukrainian President Volodymyr Zelenskyy condemned the
00:27agreement, warning that easing sanctions would prolong the war. Global diesel prices have
00:32surged amid Ukrainian attacks on Russian refineries and attacks on Middle Eastern refineries by
00:37Iran and its healthy allies. Trump faces growing pressure to lower fuel prices ahead of the
00:42November midterm elections, particularly in agricultural states where farmers face high
00:47diesel costs. For all things money, visit Benzinga.com

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