Trump’s deal with Putin will have little impact on US diesel prices, experts say

Economy The Guardian By Simon Goodley 11 Oct 2026 15:56 1 min read
Trump’s deal with Putin will have little impact on US diesel prices, experts say

Analysts say fuel will take weeks to ship and quantity is too small to affect prices, while full deal is unlikely to be met given damage to Russian refineries Trump announces partial ceasefire but Zelenskyy says deal is ‘news to me’ Donald Trump’s deal with Vladimir Putin to temporarily lift sanctions on US imports of Russian diesel will have little “meaningful” effect on motorists and businesses in the US and overseas, energy and foreign policy analysts have predicted. The US president infuri

The US president infuriated Volodymyr Zelenskyy when he announced the deal on Friday, writing on Truth Social that the agreement with his Russia counterpart to supply millions of tonnes of diesel was essential to reduce fuel prices in the US, which have soared after his decision to go to war against Iran.

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