SignalCommodities
Russia's diesel exports jump 100% after Trump lifts sanctions; US gets no shipments
Russia's diesel exports doubled after Trump lifted sanctions, with no US shipments.
Context
What happened: Russia nearly doubled diesel exports in October after Trump announced a deal with Putin on fuel supplies, but no additional shipments have reached the US, with tankers changing course.
Key numbers: October exports around 271,000 barrels per day versus 135,000 in September (Kpler).
Why it matters: Extra fuel went to Brazil and Turkey instead. A White House official said added global supply would ease prices for Americans. New Jersey governor Mikie Sherrill challenged the licence, and analysts expect exports to stay lacklustre as refinery operations remain constrained.
Coverage: 3 outlets in 24h
What changed
Russia nearly doubled diesel exports in October after Trump announced a deal with Putin on fuel supplies, but no additional shipments have reached the US, with tankers changing course.
Why it matters
Extra fuel went to Brazil and Turkey instead. A White House official said added global supply would ease prices for Americans. New Jersey governor Mikie Sherrill challenged the licence, and analysts expect exports to stay lacklustre as refinery operations remain constrained.