MarketsMedium

Russian diesel exports double after Trump lifts fuel sanctions, but none reach the US

The FT reports Russia doubled diesel exports last month after Washington lifted fuel sanctions. None of those shipments reached the US.

Donald Trump
Donald Trump. Photo: Daniel Torok, Public domain, via Wikimedia Commons

What we know

The FT reports that American efforts to bring down diesel prices allowed Russia to double its fuel exports last month, although none of the shipments tied to Donald Trump's decision to lift fuel sanctions reached the US. The FT's headline summarises the finding as Russia gaining while the US gets none.

Sources

@FT

“Russia to double its exports of the fuel last month... none... have reached the US”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.