Why is US turning to Russia for diesel despite sanctions?

6 days ago 20

United States President Donald Trump says he has agreed a deal to release stocks of diesel fuel from Russia to try to ease high fuel costs in the US before November’s midterm elections.However analysts told Al Jazeera that the deal will likely have little effect on easing the global energy crisis while European countries could refuse to buy from Russia altogether.Recommended Stories list of 3 itemslist 1 of 3US stocks slide as oil prices fluctuate over renewed Iran war fearslist 2 of 3Putin tells Trump peace talks are unlikely, cites Ukraine drone attackslist 3 of 3Russia kills 15 in Ukraine as US hosts ‘productive’ talks to end warend of listThe agreement comes despite years of sanctions on Russia over its war on Ukraine, the latest of which were announced last month by the US and specifically targeted buyers of Russian oil.Here’s what we know:What has Trump agreed with Putin?On Friday night, Trump announced on social media that after a “highly successful discussion” with Russian President Vladimir Putin, it had been agreed that Russia would “immediately” supply more than 300,000 tonnes of diesel fuel to the US and global marketplace.Another 500,000 tonnes would be released in Nov...

Read Entire Article






<