WTI crude falls as Trump announces agreement on Russia's global diesel supply
- 1President Donald Trump announced an agreement to supply more than 300,000 tons of Russian diesel fuel to the U.S. and global markets immediately.
- 2The Office of Foreign Assets Control will immediately issue a temporary general license valid until April 2027 to allow the supply of Russian diesel to the global market.
- 3WTI crude prices fell by approximately 1 dollar to record 91 dollars.
So what's the key point?
President Trump decided to release a large amount of Russian diesel into the global market. Following this news, crude oil prices fell by about 1 dollar to 91 dollars.
Source Zero Hedge +6 · View original ↗
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