Trump helped Russia double diesel exports, but US received not a single shipment – FT
Russia more than doubled its diesel exports following the easing of US sanctions and a pause in Ukrainian strikes on oil refineries in October, yet not a single cargo of fuel under Trump's agreement with Putin has reached the United States so far.
Source: Financial Times
Details: Data and analytics platform Kpler reported that in October Russia exported 271,000 barrels of diesel per day compared to 135,000 in September. Deliveries increased to Brazil, Türkiye and other countries.
The surge in exports followed US pressure on Ukraine to halt strikes on Russian refineries and the announcement on 9 October of Trump's agreement with Putin on the immediate supply of fuel to the American and global markets.
Richard Bronze, head of geopolitics at Energy Aspects, attributes the growth to the restoration of production by Russian plants during the pause in attacks. In his assessment, this was facilitated by US pressure and the "energy ceasefire" announced by Trump.
At least two tankers that were originally heading to the US changed course. Another one – the Agioi Fanendes – remains near the US East Coast awaiting a buyer.
Background:
- In early November, New Jersey Governor Mikie Sherrill warned port and terminal operators of strict legal consequences for accepting Russian diesel.
- On 10 November, Reuters reported that Russia's oil refining capacity had fallen by about 30% since Ukraine renewed drone attacks on Russian refineries in late October.
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