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.
People in this report Donald Trump
US-Russia diesel deal to give Trump political points, investor says