Trump and Putin agree on diesel fuel supply
Following talks with Russian President Vladimir Putin, US President Donald Trust announced that millions of tons of diesel fuel will be supplied.
Following a telephone conversation with Russian President Vladimir Putin, US President Donald Trump announced that Russia will supply millions of tons of diesel fuel to the US and global markets.
Meeting and Supply Plan
In a post on his social media account, US President Donald Trump stated that he had a very successful conversation with Russian President Vladimir Putin. Following this meeting, he shared the details of the agreement reached regarding diesel fuel supply with the public.
Phased Fuel Shipment
Within the scope of the agreement, it was decided that Russia will immediately provide over 300,000 tons of diesel fuel to the US and global markets. It was reported that 500,000 tons will be supplied in November and another 1 million tons immediately thereafter.
Expectation of Additional Shipments
Trump stated that, depending on the current status of Russia's diesel fuel refineries, an additional 3 million tons of diesel fuel shipments will be made in the near future. These steps aim to increase supply in the energy market.
Impact on Prices
Claiming that they have established full control over the Strait of Hormuz, Trump argued that thanks to this situation and the energy agreement reached with Russia, diesel prices in the US and worldwide will drop rapidly and to record levels.
Supply Confirmation from the Kremlin
In a statement published on the Kremlin's official website with Putin's signature, it was conveyed that the leaders discussed developments in global energy markets during their phone call. It was confirmed that the Russian side is ready to supply oil and petroleum products to the US and world markets.