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Trump’s Diesel Deal with Putin Undermines US Sanctions Pressure as Ukraine Peace Talks Stall

10 October 2026 at 07:10

President Donald Trump announced an agreement with Vladimir Putin on Friday, 9th October, under which Russia will resume substantial diesel exports to American and international markets, despite Washington’s existing sanctions against Moscow over its invasion of Ukraine.

According to Trump’s announcement following the telephone conversation, Russia will immediately release more than 300,000 tonnes of diesel, followed by 500,000 tonnes in November and another million tonnes shortly afterwards. A further three million tonnes could become available once Russian refining capacity permits.

The announcement was accompanied by a temporary authorisation from the US Treasury allowing transactions involving Russian diesel until 7 April 2027. It represents a substantial departure from the administration’s recent sanctions policy, which had sought to restrict Russian energy revenues and strengthen Washington’s negotiating position over Ukraine.

The timing is politically significant. Trump faces congressional midterm elections on 3 November, while diesel prices have become a growing economic concern for American businesses and consumers. The agreement gives the White House an opportunity to present itself as addressing fuel costs, although its practical effect on prices remains uncertain.

Russian diesel cannot resolve the global supply shortage

Trump has linked the proposed Russian deliveries to his administration’s efforts to restore energy flows through the Strait of Hormuz, arguing that the combined measures will produce a rapid reduction in diesel prices.

The disruption of maritime energy supplies following the confrontation with Iran has, however, created a problem considerably larger than the quantities Russia has initially promised.

The first two deliveries amount to approximately 800,000 tonnes. Even including the subsequent million tonnes, the announced volumes are modest relative to global consumption. Their arrival may provide temporary relief in individual markets, but there is little evidence that they could independently reverse the wider shortage.

Russia’s capacity to maintain larger exports is also uncertain.

Ukrainian attacks on Russian refineries have disrupted production and contributed to restrictions on petroleum exports. Moscow has periodically imposed limits to protect domestic supplies, while damaged facilities require repairs before returning to normal operations.

The condition of those refineries is explicitly acknowledged in Trump’s announcement, which makes the proposed additional three million tonnes dependent on their recovery.

This introduces a further contradiction. Washington is seeking Russian diesel at precisely the moment Ukraine is attempting to reduce Moscow’s capacity to refine and export petroleum products.

The economic benefits of the agreement may consequently depend partly on developments in a military campaign that the United States has previously supported through intelligence cooperation with Kyiv.

Zelenskyy rejects sanctions relief without Russian concessions

President Volodymyr Zelenskyy responded critically to the agreement, describing the relaxation of economic pressure as a concession to Putin that had not been accompanied by any meaningful Russian commitment to de-escalation.

In his response to the American decision, Zelenskyy argued that Moscow would exploit renewed export revenues to prolong its war rather than make concessions towards a settlement.

Ukraine has indicated that it remains prepared to consider reciprocal measures concerning attacks on energy infrastructure. Such arrangements would require Russia to stop striking Ukrainian facilities in exchange for restrictions on Ukrainian operations against Russian energy targets.

No comparable undertaking was announced as part of Friday’s diesel agreement.

This distinction is central to Kyiv’s objections. Sanctions relief has traditionally been regarded as leverage to obtain changes in Russian behaviour. In the present arrangement, Moscow stands to receive additional commercial opportunities without publicly agreeing to alter its military campaign.

Lukoil negotiations raise further questions

The agreement also comes amid separate discussions concerning the international assets of Lukoil, Russia’s second-largest oil producer.

A recent account of negotiations involving American investors and Russian officials described proposals involving Lukoil’s overseas oilfields, refineries and distribution businesses.

The discussions have reportedly involved figures connected to Trump’s diplomatic efforts, including Steve Witkoff and Jared Kushner, alongside Russian representatives.

On Friday, another development complicated the proposed transaction when Carlyle withdrew from the competition to acquire Lukoil’s international assets, previously valued at approximately $22 billion.

The negotiations illustrate the extent to which potential commercial cooperation has entered the broader American-Russian relationship.

There is no verified evidence, however, that the diesel agreement was concluded to facilitate a particular acquisition or benefit individuals connected to Trump’s administration. The commercial negotiations and Friday’s sanctions decision remain separate developments unless further evidence establishes a direct connection.

Washington and Europe move in different directions

The American decision creates an additional complication for European sanctions policy.

On 7th October, EU ambassadors agreed to expand sanctions against Russia’s military-industrial network, approving 1,646 additional designations, many directed at the production of ballistic missiles used against Ukraine.

Britain has also introduced further restrictions on Russian oil-related businesses, tankers and financial intermediaries, reinforcing its stated objective of limiting Moscow’s ability to finance the war.

The contrast with Washington’s diesel authorisation is substantial. While European governments are attempting to restrict Russian petroleum revenues, the United States is providing a temporary legal route for renewed sales.

The development also recalls the difficulties already examined by EU Today in its reporting on sanctions enforcement against Russia’s shadow fleet, where differences in national restrictions and their application have complicated efforts to control petroleum exports.

For Moscow, the significance of Friday’s agreement extends beyond the immediate revenue generated by diesel sales. It establishes that the United States is prepared to relax particular economic restrictions before securing a settlement over Ukraine.

Whether the arrangement ultimately lowers American fuel prices will depend on production, shipping and international market conditions. The diplomatic consequence is already apparent: Russia has obtained an opportunity to restore part of its international energy trade without accepting publicly announced conditions concerning its war against Ukraine.

For Kyiv and European governments, the question is whether this remains a narrowly defined response to an energy shortage or marks the beginning of a broader American policy of separating commercial relations with Moscow from negotiations over Ukraine.

Volodymyr Zelenskiy to EL PAÍS, on the new Russian offensive against Kyiv: ‘Putin isn’t afraid of Europeans’

2 October 2026 at 15:28

One way Ukrainian President Volodymyr Zelenskiy confronts Russian attacks and seeks to show resolve is by appearing in the most dangerous places. He has done so since his Russian counterpart, Vladimir Putin, launched the full-scale invasion in February 2022. At that time, Kyiv was the Kremlin’s primary target, but the attempt was beaten back. In recent weeks, Moscow has increased its aerial attacks and bombs the city day and night, hitting numerous civilian targets. “They want Ukrainians — especially those in the capital — to leave. In fact, that’s what they were aiming for when the full-scale invasion began,” Zelenskiy said during a conversation with EL PAÍS while visiting a school that had been attacked on Thursday morning in Kyiv.

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The president of Ukraine, Volodymyr Zelenskiy, during his meeting with EL PAÍS in front of a school attacked by Russia this Thursday.

© Presidencia de Ucrania

Volodymyr Zelenskiy during his visit to the Kyiv school bombed by Russia this Thursday, in a photograph provided by the presidency of Ukraine.

US nuclear pact puts Saudi Arabia on path to the bomb

28 September 2026 at 05:48

A contentious civilian nuclear agreement between the US and Saudi Arabia has ignited a sharp debate over Middle Eastern security, laying bare the escalating friction between American nonproliferation objectives and the kingdom’s strategic ambitions. This month, The Washington Post reported that a classified US intelligence assessment shared with Congress found that Saudi Arabia has not […]

The post US nuclear pact puts Saudi Arabia on path to the bomb appeared first on Asia Times.

Bad Cards

20 August 2026 at 16:52

David Kushner first met Anthony Curcio nearly two decades ago, to tell the story of how Curcio masterminded a $400,000 bank robbery and escaped on an inner tube. His latest on Curcio is every bit as outlandish: After his release from federal prison, Curcio waded deep into the trading card industry, dealing in top-rated Michael Jordan and Nolan Ryan cards and coming under scrutiny for suspected fraud. Curcio contends that the real villain is Collectors Holdings, a private company that owns Professional Sports Authenticator, which evaluates and assigns value to trading cards. A thrilling piece of reporting about authenticity—as an idea, a value, and maybe even a front.

Three months later, on the early morning of May 23, 2024, Curcio was walking through his neighborhood in Redmond. It was quiet — what he called “raccoon hours.” Then he heard cars coming up behind him. FBI agents stormed him, guns drawn; he counted around 20. “What the fuck is this about?” he said. “You’re here for sports cards?” He told them about the judgment he’d just won against Captain Ticket. They said they knew all about it.

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