Trump's controversial deal has come to naught

The Wall Street Journal wrote that 300,000 tons of Russian diesel only covers America's consumption for 18 hours, and Russian refineries are unable to export under Ukraine's attacks.

According to Ambassador Arjan, the price of diesel in America has reached $6.27 per gallon today. This figure is a slight decrease from last month's record high of $6.53, but it is still 71% higher than the price of the same period last year.

The Wall Street Journal wrote in an analysis that Donald Trump's agreement with Vladimir Putin on the supply of diesel fuel will most likely not lead to a significant reduction in fuel prices.

On October 9, Trump announced in a phone call with Putin that he reached an agreement based on which Russia will immediately supply more than 300,000 tons of diesel to the United States and the world markets; Another 500 thousand tons in November and then one million tons.

According to the Wall Street Journal, the total of this agreement can reach 4.8 million tons, equivalent to about 36 million barrels.

The American government also exempted Russian diesel exports to the world market from sanctions until April 7, 2027.

"Between our full control of the Strait of Hormuz and this big Russian energy announcement, diesel prices will drop by record numbers," Trump wrote.

The Wall Street Journal has converted the volumes into daily averages: 300,000 tons in October, equivalent to just over 100,000 barrels per day, and 500,000 tons in November, equivalent to about 125,000 barrels per day; While Russia exported about 800,000 barrels of diesel per day last year.

According to the data of the US Energy Information Administration, the transportation sector of this country consumes about 2.94 million barrels of diesel per day. The cargo of 300,000 tons, equivalent to 2.25 million barrels, covers only 18 hours of the daily consumption of the United States. This figure is "a drop in the ocean" compared to the global consumption of 28 million barrels of diesel.

Ukraine's drone attacks on Russian refineries have severely reduced the country's export capacity. According to KSE Institute data, Russian diesel exports fell to 580,000 barrels per day in June 2026 and to 140,000 barrels per day in September; It means that about 670 thousand barrels of export capacity have been lost.

Analysts at Kepler told the Financial Times that Russian refineries are operating at 60 percent capacity. "Where are they going to get gasoil from?" said Kepler's Michelle Broward. Russia does not have an export problem, it has a refining problem." Russia has promised 300,000 tons in October, while the actual September export is only 140,000 barrels per day.

The Wall Street Journal wrote: "U.S. refineries are operating at maximum capacity and their ability to cope with global shortages is limited."

Just a month ago, Trump signed legislation imposing new sanctions on buyers of Russian oil. Now he has decided to buy Russian diesel. The Wall Street Journal called the turnaround "hard to fathom."

The Wall Street Journal wrote: "Diesel prices will only decrease significantly with a ceasefire between Russia and Ukraine or the return of normal shipping through the Strait of Hormuz."

According to International Energy Agency data, 19.87 million barrels of oil pass through the Strait of Hormuz daily, which is 18.9% of global demand. Iran's share is 2.41 million barrels per day. As long as the tension in this waterway continues, Iran's strategic leverage will be maintained.

The Wall Street Journal also reported that seven senators from both parties issued a joint statement calling for the administration to withdraw "immediately." Law 2022 prohibits Russian energy imports until the end of the Ukraine war.