EconomyTrump strikes diesel deal with Putin, but Russia may lack fuel to deliver, analysts say
Analysts and market participants say a deal between Trump and the Kremlin to supply diesel to global markets is unlikely to significantly lower prices. The promised volumes are too small, while Ukrainian attacks on Russian refineries are curbing production; estimates suggest up to 45% of Russia’s refining capacity is offline.
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Trump strikes diesel deal with Putin, but Russia may lack fuel to deliver, analysts say