Analysts indicate that fuel will take weeks to ship and the volume involved is too small to significantly affect prices. They also suggest that the full deal may not be realized due to damage to Russian refineries. Donald Trump announced an agreement with Vladimir Putin to temporarily lift sanctions on US imports of Russian diesel, which analysts believe will have little "meaningful" impact for motorists and businesses in the US and abroad. This announcement has drawn criticism from Ukraine's president, Volodymyr Zelenskyy, who expressed discontent over Trump's claims regarding the agreement's potential to reduce fuel prices amid rising costs linked to the conflict with Iran.
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Experts predict limited impact of Trump's diesel deal with Putin on US prices
Analysts predict that Donald Trump's deal with Vladimir Putin to lift sanctions on US imports of Russian diesel will have minimal impact on diesel prices in the US. They note that the shipping timeline and the scale of the deal are insufficient to affect the market significantly.
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Trump’s deal with Putin will have little impact on US diesel prices, experts warn
Experts predict limited impact of Trump's diesel deal with Putin on US prices