The Hindu·2 min read·medium

U.S. lifts sanctions on sale of Russian diesel in global markets

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U.S. lifts sanctions on sale of Russian diesel in global markets
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The U.S. government has lifted sanctions on Russian diesel sales until April 2027 following a deal between President Trump and President Putin. The move aims to stabilize global fuel prices amid supply shortages caused by refinery attacks in Russia and Saudi Arabia.

Why it matters

This policy shift marks a significant change in U.S.-Russia economic relations and directly impacts global energy markets and domestic fuel prices ahead of the U.S. midterm elections.

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The U.S. on Friday (October 9, 2026) lifted sanctions on the sale of Russian diesel till April 7 next year.

The announcement by the US Department of Treasury came minutes after U.S. President Donald Trump spoke with Russian President Vladimir Putin and struck a deal to supply diesel to the American and global markets.

“...all transactions prohibited by the Russian Harmful Foreign Activities Sanctions Regulations … that are related to the sale, delivery, offloading, or importation, including importation into the United States, of diesel fuel of Russian Federation origin are authorised through 12:01 am eastern daylight time, April 7, 2027,” the Treasury Department said.

Earlier, Mr. Trump said Russia will immediately supply more than 300,000 tons of diesel, followed by 500,000 tons in November, and one million tons immediately thereafter.

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