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At close · Thu, Oct 8, 2026
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Home›Global Markets›Trade & Tariffs›Trump pivots to importing Russian diesel despite fresh…

Trump pivots to importing Russian diesel despite fresh sanctions

The move reverses a recent US sanctions and tariff push aimed at nations that import Russian oil and gas, while fuel price pressure intensifies ahead of midterms.

BBC Business reports that Donald Trump has reversed course on Russia-related energy policy, now saying Russian President Vladimir Putin has agreed to supply hundreds of thousands of tons of diesel fuel to the US and world markets in the coming months.

The outlet notes the decision follows a Trump signing last month that authorized new US sanctions and tariffs on countries that import Russian oil and gas, making the latest proposal a sharp about-face.

The analysis links the shift to political pressure ahead of next month's midterm elections, as higher fuel costs at the pump and their knock-on effects contributed to across the board inflation.

BBC Business adds that the impact of the Iran war on global energy prices is being felt in US agricultural states that rely heavily on diesel for farm operations and transportation, including Iowa, Kansas, Texas, and Ohio.

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