Veytics Intelligence
2026-11-07 · Aljazeera

Why are oil traders refusing to buy Russian diesel after Trump-Putin deal?

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At least three tankers carrying Russian diesel to the United States have changed course, casting doubt over US President Donald Trump’s October deal with his Russian counterpart, Vladimir Putin. Nearly a month after Trump agreed to let Russia release diesel stocks to the US and global markets, despite existing sanctions, zero diesel has reached the US, where prices have nearly doubled since the start of the US-Israel war on Iran. Russia has sent out a total of four tankers loaded with diesel since the deal was agreed. The Russian tanker Talisman and the Sierra Leone-flagged Leruo left the Baltic port of Primorsk last month, with the US East Coast as their declared destination.

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