Trump announces deal with Putin to bring Russian diesel to US to lower costs

Por Rhian Lubin — – World RSS Feed

Americans have seen their fuel costs rocket following Trump’s war in Iran

Rhian Lubin in New York Friday 09 October 2026 20:45 BST

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President Donald Trump says he has made a deal with President Vladimir Putin to supply Russian diesel to the U.S. in a bid to lower fuel costs ( Getty Images )

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President Donald Trump says he has made a deal with President Vladimir Putin to supply Russian diesel to the U.S. in a bid to lower fuel costs.

“I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that 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 announced Friday afternoon on Truth Social.

It comes as Americans have seen their fuel costs rocket following Trump’s war in Iran. The deal marks a departure from Trump’s sweeping sanctions on Russia, signed into law just last month, that aimed to punish and pressure Moscow for its war against Ukraine.

Trump touted the deal ahead of the midterm elections amid a gloomy forecast for Republicans, and claimed that lowering costs was his “greatest priority.”

“Between our TOTAL CONTROL of the Strait of Hormuz, and this great announcement on Russian Energy, Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST!” Trump said. “Lower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority.”

Gas prices have surged globally since Trump launched a joint U.S.-Israeli military operation in Iran at the end of February. The price of a gallon of diesel in the U.S. hit a record $6.52 on Sept. 22, according to the AAA. It had dipped to $6.23 on Friday.

Americans have been hit hard by high gas prices, with the issue forecast to hurt Trump and the Republicans at the polls in November.

The deal casts doubt on the likelihood of the White House imposing sanctions on Russia this month. Shortly after Trump made the announcement, the Treasury Department said it was immediately issuing a temporary license allowing Russian diesel to be supplied to the global market.