How does the U.S.-Russia diesel deal impact India | Explained
Apart from the deal to allow Russia to sell diesel to the U.S. and global markets, U.S. President Donald Trump also announced an โenergy ceasefireโ between Russia and Ukraine
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Apart from the deal to allow Russia to sell diesel to the U.S. and global markets, U.S. President Donald Trump also announced an โenergy ceasefireโ between Russia and Ukraine
Amrita Sen, founder and director of market intelligence at Energy Aspects, discusses what she calls โextremely desperate measuresโ by US President Donald Trump to increase Moscowโs diesel sales into global markets and the announcement of an โenergy ceasefireโ between Russia and Ukraine. She speaks on โBloomberg Surveillance.โ (Source: Bloomberg)
Bloomberg Economics Economic Statecraft Lead Chris Kennedy tells Bloomberg This Weekend that President Donald Trump's agreement to obtain Russian diesel is unlikely to significantly lower US fuel prices because the proposed November shipment amounts to roughly one day of American consumption. Speaking with hosts David Gura and Christina Ruffini, Kennedy says damage to Russian refineries, logistical challenges and potential legal restrictions raise questions about whether Moscow can deliver the promised fuel, while the agreement could complicate Ukraine's campaign against Russian energy infrastructure. (Source: Bloomberg)
US President Donald Trump said Friday that he had secured Russia's agreement for a major release of diesel, as he eased war sanctions on Moscow in a push to lower energy costs ahead of midterm elections.