️🇺🇸🇷🇺 FT: President Trump's deal with Russia to import diesel is faltering, with two of the first three tankers originally headed to the United States changing course amid sanctions concerns and political opposition.
According to the report, American buyers are still reluctant to accept Russian fuel due to legal uncertainty and possible penalties. New Jersey Governor Mickey Sherrill has warned port operators against accepting the shipments, while lawmakers continue to question the legality of the agreement.
Meanwhile, US diesel inventories fell below 100 million barrels for the first time in over two decades. Diesel futures have jumped more than 60% since the start of the Iran war, with pump prices nearing a record high of $6.27 a litre.