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Donald Trump was on a fresh collision course with the Ukrainian president, Volodymyr Zelenskyy, and European allies on Friday after a stunning agreement to buy Russian diesel, upending years of US and western pressure on the Kremlin to end its four-and-a-half year war against Ukraine. Zelenskyy reacted furiously to Trump’s announcement of the deal with President Vladimir Putin of Russia, calling it “absolutely terrible” and “not fair and not honest”. Zelenskyy, who told Axios that it “looks like a happy birthday present for Putin. It looks absolutely terrible.” The Russian leader turned 74 earlier this week. In a long social...

President Trump decided to make a diesel fuel deal with Russia after Ukrainian President Volodymyr Zelensky ignored half a dozen U.S. requests to stop attacking Russian oil refineries, a U.S. official with direct knowledge told Axios. "Zelensky is misreading the room. By continuing to hit refineries, he is eroding the good will that he has built with Trump over the last six months," the U.S. official said. Zelensky, in an interview with Axios after the announcement, said he was blindsided by the deal, which he called "not fair and not honest" and an unwarranted gift to Putin. Ukraine's strikes on...

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. Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel. 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,...

Russia could consider partially opening diesel exports once it returns to a production surplus, Deputy Prime Minister Alexander Novak told its Federation Council Oct. 2, describing the market as balanced and sufficiently supplied, local media reported. Traditionally the world's number-two diesel exporter, Russia started shutting in its diesel production in July following persistent Ukrainian drone attacks on its refining sector, now extended until the end of October. For non-producers, which include traders and refineries with capacities of less than 1 million metric tons/year, the ban will remain in place until the end of January. The deputy prime minister added that...