Trump strikes deal with Putin to get diesel in sharp reversal of US policy weeks before midterms

Economic Times - Oct 9, 2026

US President Donald Trump revealed a new deal with Russia for diesel imports expected to alleviate high fuel prices. This announcement diverges from recent sanctions aimed at reducing Russian oil revenues due to escalating conflict in Ukraine. Ukrainian President Volodymyr Zelenskyy criticized the agreement, viewing it as detrimental to both Ukraine and global stability. Critics in Congress have labeled the decision as a betrayal of American allies and security interests.

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