Trump Announces Russian Diesel Supply Deal with Putin Amid Soaring US Fuel Prices

On October 9, 2026, President Trump announced on Truth Social that Russian President Putin agreed to supply diesel fuel to US and global markets, including 300,000 tons immediately, 500,000 tons in November, and 1,000,000 tons per month thereafter. The announcement came amid soaring fuel prices due to the war with Iran and just a month after Trump signed the 'Russian Energy Sanctions Enforcement Act' targeting Russia's energy sector over the Ukraine war. The US Treasury issued a temporary license to allow Russian diesel imports, reversing the 2022 ban on Russian oil imports. The deal raised questions about sanctions enforcement and the source of payment, with critics alleging a potential quid pro quo.

“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 per month thereafter.” — Truth Social post announcing the deal Quote verified against source