Trump's Russian diesel deal faces a shortage of US buyers, writes Bloomberg.
The Trump-Putin agreement to supply about 36 million barrels of Russian diesel to the United States and other buyers has faced a major obstacle: American companies are unwilling to take the risk due to legal and reputational risks.
Despite the approval of the sanctions from the US Treasury Department, companies doubt that it will repeal the 2022 law that bans the import of Russian oil and fuel. So far no US buyer has been publicly announced.
At the same time, Donald Trump extended an exception to the Jones Act for 90 days, which allows the transportation of oil, fuel and other goods between US ports on ships under a foreign flag.
U.S.