Trump strikes major diesel deal with Putin – what we know

WorldPolitics
10 Oct 2026 • 5:31 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Trump strikes major diesel deal with Putin – what we know

  • President Donald Trump has announced an agreement with Russian President Vladimir Putin to supply over 1.8 million tonnes of diesel to reduce surging fuel costs in the US.
  • US fuel prices have spiked dramatically following a joint military operation in Iran, with diesel reaching $6.51 per gallon compared to $3.89 a year ago.
  • The US Treasury Department immediately issued a temporary licence allowing Russian diesel imports, raising questions about recent American sanctions against Moscow over the war in Ukraine.
  • Ukrainian President Volodymyr Zelenskyy criticised the agreement, warning that giving gifts to Putin will not bring peace or benefit the civilised world.
  • The surge in fuel costs poses a major threat to Republicans ahead of the midterm elections, with polls showing 78 per cent of Americans blame Donald Trump for the price hikes.

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