Preventing Putin from making war money, Australia refuses to follow suit and open up Russian diesel: We don’t need it

U.S. President Trump announced an agreement with Russia. The United States will temporarily lift sanctions on Russian fuel, and Russia agrees to supply diesel to the global market to curb the rise in fuel prices caused by the war in the Middle East. However, the Australian government stated on the 10th that it would not follow suit. Australia does not need Russian fuel and is not willing to let Russia profit from the war.

Bloomberg reported on the 10th that Australian Climate Change and Energy Minister Chris Bowen held a press conference in Sydney on the 10th and said, "We do not need and do not want Russian fuel to enter the Australian market." "We do not want Russian President Putin to profit from this Middle East war." He said Australia would continue to ban the purchase of Russian fuel. "What the United States does is their business, but we will not change our approach."

Trump announced on the 9th that batches of Russian diesel will be released starting this month, with an initial total volume of about 13.5 million barrels. Trump is working with Putin to push for the release of Russian diesel into global markets, a move that reverses years of U.S. sanctions against Russia. The White House is trying to curb rising fuel prices ahead of midterm elections in November.

Bowen said Australia's gasoline stocks can supply 43 days, an increase of 2 days from a week ago; diesel stocks can last 31 days, a decrease of 1 day from a week ago.