Russia partially lifts diesel export ban following Trump-Putin deal, exports will resume immediately
The Russian government has partially lifted its ban on diesel fuel exports to other countries following an agreement between Russian ruler Vladimir Putin and US President Donald Trump.
Source: Kremlin-aligned Russian news agency TASS, citing the Russian government
Details: The decision took effect on 10 October and "will allow 500,000 tonnes of diesel fuel to be supplied to the global market at this stage".
The government added that Russian oil companies will immediately begin concluding contracts for diesel fuel supplies abroad, subject to government approval.
Russian Deputy Prime Minister Alexander Novak insisted that the partial lifting of the diesel export ban would not affect the interests of Russian consumers. He claimed that Russia's production volumes allow it to meet both domestic demand and supply the global market.
Background:
- On 9 October, Trump said he had had a "highly successful discussion" with Putin and reached an agreement on lifting sanctions on Russian diesel fuel.
- Ukrainian President Volodymyr Zelenskyy strongly criticised Trump's actions, describing the easing of sanctions as an "absolutely terrible" move. He said Ukraine's negotiating team in the US had been used as "cover" while Trump and Putin reached agreements on fuel supplies.
- Yuri Ushakov, an aide to the Russian leader, stated that in a phone call with Trump, Putin rejected the possibility of peace talks, stressing that Russia will continue military operations until it has achieved "all its objectives".
- It was reported that negotiations in Miami between representatives of the US, Ukraine, European countries and NATO on ways to de-escalate and end the war had ended earlier than planned.
- On 10 October, Trump said it is time for Ukraine to get a new president who could strike a deal with Russia.
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