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Trump Reaches Deal With Russia to Import Diesel Fuel Amid High Prices

President Trump announced a deal with Russia to import millions of tons of diesel fuel to lower domestic energy prices ahead of the November midterm elections.

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By The Plain RecordUpdated October 10, 2026 at 9:50 AM EDT
Published October 8, 2026 at 8:00 PM EDT

The short answer

President Trump announced a deal with Russia to import millions of tons of diesel fuel to lower domestic energy prices ahead of the November midterm elections.

Updates (2)

  • Update — October 10, 2026 at 9:50 AM EDT: President Trump announced a deal for Russia to supply diesel to the U.S. and global markets, prompting a temporary waiver of energy sanctions.
  • Update — October 10, 2026 at 6:50 AM EDT: The strikes came a day after President Trump announced a deal to buy Russian diesel that Kyiv warned would help bankroll Moscow's war in Ukraine.
Trump Reaches Deal With Russia to Import Diesel Fuel Amid High Prices

The Facts

Who
President Donald Trump and Russian President Vladimir Putin
What
Announcement of an agreement to import Russian diesel fuel into the U.S. and global markets.
When
Friday, October 9, 2026
Where
Washington, D.C. and Moscow
Why
To lower record-high diesel prices for U.S. consumers, farmers, and truckers ahead of the midterm elections.

President Donald Trump announced on Friday, October 9, 2026, that the United States has reached an agreement with Russia to obtain diesel fuel. The announcement followed a phone call between Trump and Russian President Vladimir Putin. According to Trump’s social media posts, Russia will immediately supply more than 300,000 tons of diesel, with an additional 500,000 tons scheduled for November and 1 million tons expected "immediately thereafter." An additional 3 million tons are scheduled for delivery shortly after that.

The agreement represents a shift in U.S. policy toward Moscow. Last month, Trump signed a sweeping sanctions law designed to restrict Russian energy revenues used to fund the war in Ukraine. The U.S. has not imported Russian oil or gas since a 2022 ban was implemented following the invasion of Ukraine. Following the deal's announcement on Friday, the Treasury Department issued a temporary general license allowing Russian diesel to be supplied to the global market, effectively exempting these deliveries from U.S. sanctions until April 2027.

Ukrainian President Volodymyr Zelenskyy criticized the move, calling it a "weak decision" that would allow Russia to prolong the conflict. The deal was announced while U.S. envoy Steve Witkoff and Jared Kushner were meeting with Ukrainian officials to discuss ending the war. Meanwhile, Russian Deputy Prime Minister Alexander Novak stated that Russia would lift export restrictions immediately to begin these supplies. Domestically, diesel prices in the U.S. averaged $6.23 per gallon on Friday, down from a record high of $6.52 reached on September 22.

The scale of the agreement involves an initial 300,000 tons of diesel, eventually totaling more than 4.8 million tons. This influx comes at a time when global energy markets are strained by conflict in Iran and Ukrainian strikes on Russian refineries, which the International Energy Agency reports have cut Russian diesel output by approximately 30%. For the average household, lower diesel costs can influence the price of consumer goods and groceries, as transportation costs for freight are often passed down to consumers. However, the exact timing of when these shipments will arrive at U.S. pumps remains unconfirmed by the White House.

The decision sets a precedent for the temporary suspension of energy sanctions despite active legislative mandates. While a bipartisan law passed by Congress directs the administration to target Russian energy importers, the Treasury Department’s new general license prevents sanctions from applying to these shipments until April 2027. This move has drawn criticism from lawmakers like Rep. Don Beyer (D-VA), who argued it undermines U.S. leverage. The next significant milestones include the delivery of 500,000 tons in November 2026 and the U.S. midterm elections on November 3, 2026, which Trump cited as a primary reason for seeking price relief.

Timeline of what happened

Key dates and decisions, in the order they occurred.

  1. 2022

    U.S. bans Russian oil and gas imports following invasion of Ukraine

  2. September 2026

    Trump signs sweeping Russia sanctions law targeting energy revenues

  3. September 4, 2026

    Diesel prices hit record highs in the United States

  4. September 22, 2026

    National average diesel price reaches record $6.52 per gallon

  5. October 9, 2026

    Trump announces diesel deal following call with Putin; Treasury issues waiver

  6. November 3, 2026

    U.S. midterm elections scheduled to take place

  7. April 2027

    Expiration of Treasury Department general license for Russian diesel deliveries

Summaries are written by The Plain Record to state the facts of a story plainly and without political slant. Drafted with AI assistance and checked against the source record before publication. See how we report, or report a correction.

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Questions readers ask

What happened: Trump Reaches Deal With Russia to Import Diesel Fuel Amid High Prices?

Announcement of an agreement to import Russian diesel fuel into the U.S. and global markets.

Who is involved?

President Donald Trump and Russian President Vladimir Putin

When did this happen?

Friday, October 9, 2026

Where did this happen?

Washington, D.C. and Moscow

Why does this matter?

To lower record-high diesel prices for U.S. consumers, farmers, and truckers ahead of the midterm elections.