Russia and the United States reach agreement on diesel trade, and the United States eases related sanctions on Russia

China News Service, Washington, October 9 (Reporter Chen Mengtong) Russian President Vladimir Putin held a phone call with US President Trump on the 9th. The two sides reached an agreement on Russia's supply of diesel to the United States and global markets.

Trump announced on social media that day that he had a phone call with Putin, and the two sides agreed that Russia would immediately provide more than 300,000 tons of diesel to the U.S. and global markets, and another 500,000 tons in November. After that, Russia will also provide 1 million tons of diesel to the market.

According to data from the American Automobile Association, affected by the situation in the Middle East and export restrictions, U.S. diesel prices hit a record high of $6.5276 per gallon on September 22. As of the 9th, the retail price of diesel remained at a high of $6.2785 per gallon.

Trump said that day that with the United States' "complete control" of the Strait of Hormuz and the announcement of the above-mentioned Russian energy-related news, diesel prices will "fall sharply and rapidly in record time."

The Office of Foreign Assets Control of the U.S. Department of the Treasury issued a licensing announcement on the 9th, authorizing the sale, delivery, unloading or import of Russian diesel. This authorization will last until April 7, 2027 Eastern Time. (over)