EconomyDiesel deal’s significance can hardly be overstated, investor says
Kyle Shostak of Navigator Principal Investments told TASS that the Russia-US diesel supply deal would benefit Russia and could ease restrictions on payments, freight, insurance and related logistics. He said Russian firms would not supply at a loss, while sanctioned companies could use the shipments to test how US regulators apply exemptions. The US administration is exempting Russian diesel supplies to global markets from sanctions until April 7, 2027.
Diesel deal’s significance can hardly be overstated, investor says