Brazilian Buyers Balk at Price of Russian Diesel Shunned by U.S. Importers – Bloomberg

Nov. 12, 2026 REUTERS / Adnan Abidi Russian fuel exporters are struggling to find buyers in Brazil for diesel originally bound for the United States, with Brazilian traders saying U.S. supplies would cost less, Bloomberg reported Tuesday. Brazilian importers were offered at least four cargoes of a combined 1.1 million barrels of Russian diesel for this month, Sérgio Araújo, president of the fuel importers’ association Abicom, told Bloomberg. If Brazil were to buy all four cargoes, the volume would be nearly twice what it imported from Russia in October. Brazilian traders confirmed to Bloomberg that they had been offered cargoes of Russian diesel in the past week, but said prices weren’t attractive relative to U.S.-made fuel. Brazil relies on imports for about a third of its diesel needs. Demand typically peaks toward the end of the year as farmers use more fuel to run machinery and truckers haul fertilizer. The cargoes were part of a diesel deal between U.S. President Donald Trump and Russian President Vladimir Putin that Trump announced on Oct. 9. Under the arrangement, Russia was expected to supply more than 300,000 metric tons of fuel to the U.S. and other markets in October, another 500,000 tons in November and 1 million tons shortly afterward. All tankers carrying Russian petroleum products to the United States changed course after U.S. companies balked at buying the fuel because of sanctions and legal risks. This article was translated with the help of artificial intelligence and was reviewed by a Moscow Times editor before publication. Learn more about our newsroom's AI policy here. Read this article in Russian at The Moscow Times' Russian service. Read more about: Oil , Brazil Sign up for our free weekly newsletter Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview Subscribers agree to the Privacy Policy We sent a confirmation to your email. Please confirm your subscription. A Message from The Moscow Times: Dear readers, We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent." These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia. We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help. Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact. By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us. Once Monthly Annual Continue Not ready to support today? Remind me later. × Remind me next month Remind me Thank you! Your reminder is set. We will send you one reminder email a month from now. For details on the personal data we collect and how it is used, please see our Privacy Policy. Read more China’s State Oil Giants Halt Seaborne Russian Crude Imports After New U.S. Sanctions – Reuters Industry consultancies offer differing estimates of Chinese state-company imports from 250,000 barrels per day to 500,000 bpd. 1 Min read India Moves to Cut Russian Oil Imports Amid U.S. Tariff Pressure – Reuters U.S. President Donald Trump said Wednesday that Prime Minister Narendra Modi had “assured” him India would end its purchases of Russian oil. 2 Min read United States Pressures Japan to Stop Buying Russian Oil and Gas Treasury Secretary Scott Bessent said after a meeting with Japan's finance minister that the White House expects Japan to stop importing Russian energy... 2 Min read Ukrainian Drone Strikes Slash Russia’s Fuel Exports to Lowest Level Since Early 2022 – Bloomberg The ongoing Ukrainian drone attacks on Russia’s energy infrastructure have reduced fuel exports to their lowest levels since the invasion of Ukraine... 2 Min read