U.S. lifts sanctions on sale of Russian diesel in global markets — SkimNews
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- U.S. Treasury authorized all transactions related to Russian diesel — including importation into the United States — through 12:01 am EDT on April 7, 2027, lifting the sanctions bar on those sales.
- Trump announced Russia will immediately deliver more than 300,000 tons of diesel, followed by 500,000 tons in November and one million tons thereafter, with another 3 million tons contingent on Russian refinery conditions.
- The sanctions lift came minutes after Trump spoke with Russian President Vladimir Putin, who agreed to supply diesel to American and global markets.
- Diesel prices surged globally because Ukraine attacked Russian refineries, forcing Moscow to ban exports, with Houthi militia strikes on Saudi Arabian refineries further tightening fuel supply.
- Trump is facing political pressure to bring down fuel prices ahead of the November midterm elections.
Why it matters: Russian diesel flows back into U.S. and global markets through April 7, 2027, with at least 1.8 million tons committed immediately and up to 4.8 million more possible — a volume aimed squarely at the fuel price pressure Trump faces with midweeks away. The deal also effectively reverses the leverage Ukraine's refinery strikes gave Western markets.
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