US Energy Secretary Wright said no Russian diesel has been delivered so far and it is not yet clear if Moscow will release the volume. In separate remarks, President Donald Trump described the situation with Iran as a "good situation," noting that Russia and China provided minimal support to Tehran during the February war. Trump also indicated ongoing negotiations with Vladimir Putin regarding the conflict in Ukraine and the potential for a trilateral meeting with China to discuss nuclear weapons.
Tuesday, October 20, 2026
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Trump Waives Russia Sanctions to Secure Global Diesel Supplies
Geopolitics22 hours ago
The White House on Friday halted the implementation of new energy tariffs and penalties under the Graham Act following an agreement for Russian fuel imports. This waiver suspended restrictions due on Oct 18 that targeted buyers of Russian energy to increase diesel supplies for the US and international markets. Brent crude settled at $109.55 on Monday, falling 0.28% or $0.31 as the prospect of more supply offset recent gains that had pushed prices to their highest close since May.
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