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A Thimble for a Flood: Trump’s Russian Diesel Deal… Why the Announced Volumes Barely Register Against the Global Distillate Shortage, by Larry C. Johnson

On Friday night Donald Trump announced that, after a call with Vladimir Putin, Russia would ship diesel to the United States and world markets. Treasury followed with a temporary general license lifting sanctions on Russian diesel until April 2027. The President promised that diesel prices would fall “in record numbers” and “fast.” With the midterms...
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