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TRUMP-PUTIN OIL DEAL REVEALED: US President Donald Trump says Russia will supply large quantities of diesel fuel to the United States and global markets following a phone conversation with Russian President Vladimir Putin. The announcement marks a significant shift in Washington's approach to Russian energy supplies as fuel prices rise and the war in Ukraine continues.

According to reports, Trump announced an initial supply of more than 300,000 tonnes of diesel, followed by additional shipments in November and beyond. The US Treasury Department has also issued a temporary six-month licence easing restrictions on Russian diesel exports to the global market.

The move has triggered a political and diplomatic backlash. Ukrainian President Volodymyr Zelenskyy criticised the agreement, arguing that it could benefit Moscow while Russia's war against Ukraine continues. Democratic lawmakers have also questioned the decision, warning that easing restrictions could help Russia generate revenue. | N18G

KEY DEVELOPMENTS:
• Trump announces a diesel supply agreement with Putin.
• Russia says it is ready to supply oil and petroleum products to global markets.
• Washington temporarily eases restrictions on Russian diesel exports.
• Ukraine criticises the deal amid the ongoing war.
• US lawmakers raise concerns over sanctions, national security and support for Kyiv.
• A separate reported multibillion-dollar proposal involving Russian energy giant Lukoil's global assets raises further questions about future US-Russia commercial ties.
• Rising energy prices and the US midterm elections form part of the wider economic backdrop.

What does the deal mean for fuel prices, sanctions on Russia and the future of US support for Ukraine? Could energy cooperation reshape Washington-Moscow relations?

Watch CNN-News18 LIVE for the latest developments, reactions and analysis.

#Trump #Putin #Russia #USNews #UkraineWar

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