EconomyTrump-Russia diesel deal unlikely to significantly lower global fuel prices
Experts say the US-Russia diesel supply agreement is unlikely to bring a significant near-term drop in global prices. Disruptions to shipping through the Strait of Hormuz and the Bab al-Mandeb, refinery damage and costly transport and insurance are constraining supply. Trump has promised rapid price relief, but experts say the deal cannot readily overcome those bottlenecks.
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DDW★★★★☆2026-10-14 14:15Original
Trump-Russia diesel deal unlikely to significantly lower global fuel prices
Economy