{"id":102154,"date":"2026-10-09T19:45:00","date_gmt":"2026-10-09T19:45:00","guid":{"rendered":"https:\/\/gulftimes.ae\/?p=102154"},"modified":"2026-10-09T19:45:00","modified_gmt":"2026-10-09T19:45:00","slug":"arab-news-trump-says-russia-to-supply-diesel-to-us-and-global-market","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=102154","title":{"rendered":"Arab News | Trump says Russia to supply diesel to US and global market"},"content":{"rendered":"


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WASHINGTON: President Donald Trump said on Friday that Russia had agreed to immediately supply more than 300,000 tons of diesel to the US and global marketplace in an effort aimed at cutting prices for the fuel ahead of the November midterm elections.\n<\/p>\n

The move comes as prices of diesel, used in agriculture, heating homes and trucking goods, are near record highs ahead of the November 3 congressional elections that will determine control of Congress.\n<\/p>\n

Trump said in a post on social media he had a \u201chighly successful\u201d discussion with President Vladimir Putin in which they agreed that Russia will immediately supply the diesel.\n<\/p>\n

An envoy \u2060for Putin, Kirill \u2060Dmitriev, praised cooperation between Russia and the United States on diesel and energy in a post on X on Friday, shortly after the call.<\/p>\n

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I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter. Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel. Between our TOTAL CONTROL of the Strait of Hormuz, and this great announcement on Russian Energy, Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST! Lower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority. This is a very big and important announcement. Additionally, it must be understood, that Iran will not have a Nuclear Weapon! Thank you for your attention to this matter. President DONALD J. TRUMP<\/p>\n

( TS: Oct 9 2026, 2:46 PM ET )\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200d\u200c\u200b\u200b\u200c\u200b\u200b\u200d\u200c\u200b\u200c\u200b\u200d\u200d\u200c\u200b\u200c\u200d\u200b\u200d\u200b\u200d\u200b\u200b\u200c\u200c\u200c\u200c\u200d\u200d\u200d\u200d\u200c\u200c\u200c\u200d<\/p>\n

\u2014 Commentary Donald J. Trump Truth Social Posts On X (@TrumpTruthOnX) October 9, 2026<\/p><\/blockquote>\n<\/div>\n

Trump said Russia would supply another 500,000 tons in November, and another 1,000,000 tons \u201cimmediately thereafter.\u201d Even more would come after that, Trump said, \u201cbased on the condition of their diesel refineries\u201d which have been damaged by attacks during Russia\u2019s war on Ukraine.\n<\/p>\n

The unusual move comes as the US has imposed sanctions on Russia\u2019s energy companies over its war on Ukraine that began in February, 2022. The Treasury \u2060Department issued a general license on Friday allowing importation of Russian diesel until April 7 next year.\n<\/p>\n

Diesel prices, which can drive inflation, are up 70 percent since the US-Israeli war with Iran began this year, despite two high-profile recent moves by Trump to boost supplies of the fuel: pressuring allies to release emergency reserves and expanding access to tax-exempt red-dyed diesel, which is normally used for farm equipment.\n<\/p>\n

The wars in Iran and Ukraine have triggered an unprecedented global fuel supply crunch, pushing average US diesel prices to $6.28 a gallon on Thursday, according to the AAA motorist organization.\n<\/p>\n

\u201cLower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority,\u201d Trump said.<\/p>\n

DEFENSE PRODUCTION ACT\n<\/p>\n

Three industry sources said earlier on Friday that Trump will issue a directive in coming days to some US department heads to find ways to control \u2060prices of diesel.\n<\/p>\n

The directive, \u2060which they said could take the form of a presidential memo, will push officials to find ways to bypass local and state regulations blocking energy production and use the Cold War-era Defense Production Act (DPA) to increase output of oil and fuel.\n<\/p>\n

Under the DPA, the president has authorities allowing loans, or loan guarantees to expand domestic manufacturing of critical materials and to require companies to prioritize government contracts for essential goods.\n<\/p>\n

The White House has been weighing how to use the DPA to expand refining capacity as the war with Iran exposes a US vulnerability to supply disruptions and price spikes.\n<\/p>\n

Refining executives told administration officials last month that federal money would be better directed toward making refineries more efficient or expanding existing plants rather than financing an entirely new refinery, which would be considerably more costly and take years to complete.\n<\/p>\n

Trump also said he expected gasoline prices to fall soon to levels around $1.85 to $1.95, well below Friday\u2019s average price of about $4.37 a gallon, according to AAA.<\/p>\n<\/div>\n