US President Donald Trump called Ukraine’s renewed strikes on Russian oil refineries a disgrace in an interview with Newsmax and questioned President Volodymyr Zelenskyy’s will to settle the war on 15 October. His statements came after he made a deal with Russian President Vladimir Putin to allow Russian diesel back into the US ahead of the mid-term elections in the US.
Kyiv says its long-range strikes have knocked out more than half of Russia's refining capacity, one of the few levers it controls on Moscow's war income, according to Ukraine's Defense Ministry. This is part of efforts to reduce the aggressor's capabilities to launch assaults, including the latest, during which four Russian regions fired 39 Iskander-M, North Korean KN-23, hypersonic Zircon, and supersonic anti-ship cruise Oniks missiles, Zelenskyy said.
Earlier, Zelenskyy said that Ukraine stopped refinery strikes for three days to meet US wishes after Trump announced an “energy ceasefire” on 11 October. At the same time, Russia struck a Kharkiv heat-and-power plant within hours of the announcement, he emphasized.
Meanwhile, in the interview with Newsmax, Trump said Zelenskyy is only pushing world oil prices higher.
“Well, I think that’s a disgrace,” he said.
He added that Ukraine has other options: “There are a lot of targets that you can hit.”
At the same time, Trump didn't say a word about Russian strikes on Ukraine's civilian buildings and power infrastructure ahead of the winter.
The US leader said he is “not a big fan” of Zelenskyy. He claimed both sides “would like to see it end,” but that he finds Zelenskyy “more difficult to deal with than Putin.”
He also said that he believes the depletion of US ammunition stockpiles is linked to the aid provided to Ukraine under the Biden administration, rather than the war with Iran.
Ukraine has repeatedly offered to help the US counter Iranian drones during the operation. The New York Times reported that a Ukrainian team departed the day after the US made such a request.
Nevertheless, despite Kyiv’s offers and actions, Trump once again compared Zelenskyy to P. T. Barnum, the 19th-century American circus showman, saying that he received a tremendous number of Patriots and Tomahawks.
However, there is no public confirmation that Tomahawk missiles were transferred to Ukraine during the Biden administration.
TOKYO — An unwelcome blast of US inflation is blowing across Asia’s markets. September’s hotter-than-expected price data revived concerns that the Federal Reserve will keep rates higher for longer, threatening fresh pressure on currencies, capital flows and economic growth across the region.
Last month’s 3.7% year-on-year increase in consumer prices didn’t just exceed forecasts. It ensured the Fed is on an even bigger collision course with both the bond market and US President Donald Trump’s White House. It’s arguably the last thing both Trump and US Federal Reserve Chairman Kevin Warsh wanted to see less than three weeks ahead of the mid-term elections.
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On a recent episode of the Bulwark podcast, journalist Ron Brownstein described the election as a contest between “the wave versus the wall.” The wave being voter anger and President Donald Trump’s plummeting popularity. The wall being structural impediments to voters’ voices, such as gerrymanders and the Republican Party’s stark spending advantage. Now we know […]
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The Ukrainian government on Tuesday night said that its access to the SpaceX-owned Starlink satellite internet service was throttled, prompting critics to question the wisdom of depending on any company owned by far-right billionaire Elon Musk. According to a Wednesday report in The New York Times, Ukrainian officials suspect that orders to restrict their access […]
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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.
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.
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.
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.
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.
With a month still to go before America’s mid-term congressional and gubernatorial elections, the prospect of a “blue wave” of Democratic success in the House of Representatives, the Senate and in many governorships is looking increasingly likely. But whether that forecast holds true or not, one important aspect has already become clear. It is that […]
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“Keep our city out of your reckless war talk,” said San Diego’s mayor, Todd Gloria, Monday night after President Donald Trump’s rambling speech at a rally in Nebraska included a particularly violent mention of the California city. Gloria was among several Democratic political leaders who were incensed after Trump – moments after predicted the Republican […]
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The Romans advised that to secure peace, you must prepare for war. The preparation was the point: weapons kept ready so they need not be used, readiness standing in for the fight. Their word for peace, pax, came from pacisci — to strike a bargain. Peace was a pactum, a deal, before it was anything […]
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