President Trump thanked Russia after a conversation with Vladimir Putin for accepting to supply millions of barrels of diesel to the United States, and called on fuel companies to immediately reduce prices.
AI-generated summary
A phone call took place between Presidents Trump and Putin, which lasted an hour and a half to discuss the supply of diesel supplies.
President Trump thanked Russia following a conversation with his Russian counterpart Vladimir Putin for agreeing to supply "millions and millions of barrels of diesel" to the United States, which "really needs it."
Trump announces a successful conversation with Putin and confirms: Diesel prices will fall thanks to the agreement with Russia
During an election rally in Syracuse, New York, Trump called on fuel companies to reduce their prices immediately.
He added: "Russia agreed to send us millions and millions of barrels of diesel, and this is what we really need... Thank you."
He said: “Refiners and retailers must start reducing their prices immediately. We are providing them with huge quantities of fuel.”
He continued: “Currently, greater quantities of oil pass through the Strait of Hormuz than before the war. Can you believe that?”
Trump announced that he had a "very successful" phone call with his Russian counterpart, Vladimir Putin, last night, "during which it was agreed that Russia would urgently supply 300,000 tons of diesel to the American and global market, another 500,000 tons next November, and an additional million tons immediately after that."
It is worth noting that the phone call between Putin and Trump lasted an hour and a half, exceeding the duration of their previous call about a month ago, which lasted about an hour.
AI outlook — possibilities, not facts
Supplying 300 thousand tons of diesel to the American and global markets
Likely · Within weeks

US President Donald Trump announced an agreement with his Russian counterpart, Vladimir Putin, to supply hundreds of thousands of tons of Russian diesel to reduce energy prices, amid skepticism from analysts and widespread anger in Ukraine.

US President Donald Trump announced an agreement with Russian President Vladimir Putin to supply global markets with more than 300,000 tons of Russian diesel immediately, and an additional 500,000 tons in November, with the aim of reducing energy costs ahead of the midterm elections, noting that millions of additional tons will be supplied later depending on the condition of Russian diesel refineries.

The UAE is expanding its logistical capabilities in Fujairah and Khor Fakkan by developing ports, railways and pipelines, with the aim of securing a strategic alternative to the Strait of Hormuz in light of regional tensions, despite continuing challenges related to carrying capacity and security risks.

Global oil prices rose by 4.3% as a result of the increase in attacks on oil tankers in the Strait of Hormuz, which led to a decline in transit traffic to its lowest levels in two months, coinciding with fears of the impact of Hurricane Isaias on American refining centers.

The International Energy Agency agreed to accelerate the release of oil and diesel stocks announced in March to ease the supply crisis and rising prices due to the war with Iran, with oil prices falling, Brent at $100.20 and West Texas Intermediate at $88.28, amid ongoing geopolitical tensions and Federal Reserve debates on interest rates.

Angela Wilkinson, Secretary General of the World Energy Council, emphasized that the resilience of the global energy system depends on multiple paths to access markets and strong infrastructure, and not only on the volume of production, noting that the current crisis has demonstrated the importance of cooperation between producers and consumers and managing increasing dependencies in light of geopolitical tensions and technological transformations.