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EconomyUS-Russia diesel deal to give Trump political points, investor says

Kyle Shostak of Navigator Principal Investments said the diesel agreement would have little practical effect on the US economy but could help Donald Trump gain political support ahead of the midterm elections. He said news of Russian supplies sent Chicago diesel futures down about 5% to $4.6 a gallon. The US has exempted Russian diesel supplies to global markets from sanctions until April 7, 2027.

US-Russia relationsdiesel supplyDonald Trumpenergy markets

People in this report Donald Trump

TTASS★★★★☆2026-10-12 06:00Original

US-Russia diesel deal to give Trump political points, investor says
Economy