The US Treasury Department has announced a temporary sanctions waiver on the Russian fuel trade amid skyrocketing global prices. The move allows the sale, delivery, offloading, and import of Russian diesel, including to the United States, until at least April 7, 2027.
The announcement came after President Donald Trump announced a major agreement with Moscow, following a Friday phone call with Russian President Vladimir Putin.
“Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter,” Trump stated in a Truth Social Post, adding that Moscow could provide up to 3,000,000 tons of additional diesel “within a short period of time” depending on the state of its refineries, which have recently been under constant threat of long-range Ukrainian strikes.
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