Russia announces early lifting of diesel export restrictions
Following a phone call between Vladimir Putin and Donald Trump, Russian Deputy Prime Minister Alexander Novak announced Moscow is immediately lifting restrictions on diesel exports, with additional volumes potentially reaching U.S. markets this month. Novak said Russia could further boost exports in November and December once refinery repairs wrap up, and praised Washington's “steps to stabilize the global energy market.”
Trump said on Truth Social that Russia would supply over 300,000 tons of diesel immediately, 500,000 tons in November, and a million tons after that, plus a further 3 million tons depending on refinery conditions, predicting fuel prices would fall quickly worldwide. The U.S. Treasury has temporarily authorized Russian diesel transactions through April 2027 at the president's direction.
Ukrainian President Volodymyr Zelenskyy denounced the move as emboldening Putin, arguing it funds Russia's war and signals weakness, and said Ukraine's negotiating team in Washington is being used as a smoke screen. The announcement comes weeks after Trump signed a law expanding sanctions on Russian officials, banks and energy-evasion vessels.
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