Russia’s diesel exports have doubled since the US eased sanctions in October, though none of the fuel has reached American shores after the last of three US-bound tankers turned away in the Atlantic, the Financial Times reported. At least four tanker loads initially intended for the US are instead being offered to fuel distributors in Brazil for delivery this month after the Agioi Fanendes, carrying about 40,000 metric tons of ultra-low sulfur diesel, reversed course roughly 400 nautical miles off New York.

Russian refiners lifted crude processing by 25% in the second half of October as Ukrainian drone strikes slowed following an October 9 supply agreement between President Donald Trump and Russian President Vladimir Putin. Despite a Treasury Department license waiving sanctions on Russian diesel through April 2027, US companies, banks and port operators have shunned the cargoes after bipartisan lawmakers and New Jersey Governor Mikie Sherrill warned that the waiver does not override a 2022 federal law banning Russian oil imports.