CNBC Daily Open: Diesel deal may not be enough to curb high energy prices

A sign displays the prices of unleaded gasoline and diesel fuel as a driver refuels a vehicle with diesel fuel at a G&M gas station in Torrance, California, on Sept. 28, 2026.Caroline Brehman | Bloomberg | Getty ImagesHello, this is Justina Lee writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.U.S. President Donald Trump's diesel deal with Russia may not be able to do enough to significantly reduce fuel prices. Bank of America was hit with more than $1.2 billion in federal penalties, while other U.S. banks like JPMorgan Chase, Wells Fargo, Goldman Sachs and Citigroup are posting mixed financial results. Anthropic will release its third-quarter financials for the first time, and Apple has announced a voice-controlled smart home hub. What you need to know todayAnalysts are expressing skepticism over Trump's diesel deal with Russia, as the supply of 4.8 million metric tons — which amounts to a little more than a single day of global demand — is unlikely to reduce fuel prices significantly for U.S. truckers and farmers.The deal comes as President Trump is under pressure to lower fuel prices, with the U.S. midterm elections less than a month away. Meanwh...