Gasoline and diesel prices across America have surged this year, a result of the complicated world fuel market that was impacted by President Donald Trump’s decision to go after, and try to eliminate, Iran’s agenda to obtain and use nuclear weapons against Israel.
Fuel costs have been a key to the fact inflation remained slightly elevated, and Federal Reserve interest rates have therefore not gone down, preventing a resurgence of economic growth.
That might be changing.
“I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Market place, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter,” the president said on social media.
“Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel. Between our TOTAL CONTROL of the Strait of Hormuz, and this great announcement on Russian Energy, Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, and FAST! Lower prices for Americans, especially our Great Farmers, Ranchers, and Tuckers, is my Greatest Priority. This is a very big and important announcement. Additionally, it must be understood, that Iran will not have a Nuclear Weapon!…”
The Treasury Department confirmed that its “Office of Foreign Assets Control is immediately issuing a temporary general license to allow the supply of Russian diesel to the global market.”
Politico reported the “surprise announcement” is to address diesel costs, which have been “caused by the ongoing war against Iran as well as Ukrainian attacks against Russian refineries.”
Farmers and truckers have been frustrated by the fuel prices caused by the Iran war, and the result also has been to drive up the costs of goods.
Earlier, Trump confirmed a pledge by European allies to tap into their stockpiles.
Democrats, like Rep. Don Beyer, said the move was “infuriating.”
“This is what we warned anyone who would listen.”
Putin’s special presidential representative for investment and economic cooperation, Kirill Dmitriev, celebrated the move within minutes of Trump’s announcement Friday, Politico said.
President Volodymyr Zelenskyy just called Trump’s diesel deal with Putin an investment in the war. Trump says Friday’s call lets Russia release 300,000 tons of diesel now, 500,000 in November, and another million after that. Treasury issued a temporary license. Zelensky’s reply: “easing sanctions without a real de-escalation deal is obvious weakness. Gifts to Putin will not bring peace. Russia will repay the diesel with more terror.” He also stated Ukraine will stop hitting Russian refineries if Russia stops destroying Ukraine’s energy system.
— Commentary Donald J. Trump Truth Social Posts On X (@TrumpTruthOnX) October 9, 2026
Continue reading...
[ H/T WorldNetDaily ]
