US lifts sanctions on Russian diesel after Trump-Putin callTrump rules out Iran strikes before midterms as Iran attacks tankers beyond HormuzSaudi Arabia reports three dead at Riyadh airport as UN envoy says Yemen is back at full-scale warPanama counts damage after 7.7 earthquake, canal unaffectedUkraine-US talks open in Florida as Kyiv's grid failsCongo Ebola cases pass 8,700 as Kenya tightens border controls after first deathUS sanctions the International Criminal Court as a wholeEU says China accepts deep cuts to hybrid car exports after Beijing talksEthiopia and Eritrea trade accusations of aggression as fighting spreads in TigrayDrone strike kills about 30 at Sudan displacement campBond selloff persists as Pimco warns of 6% Treasury yieldsHurricane Isaias reaches Gulf coast as offshore oil and gas output is shut inUkraine hits second Yandex data centre and disrupts Moscow air trafficNavi Pillay wins Nobel Peace Prize, Israel denounces choiceUAE says flydubai co-pilot planned suicide attack on Tel Aviv terminalOpenAI revenue about $20bn below reported figure, unsettling AI stocksIran war fuel shock hits airlines and freight as UN cuts growth outlookPentagon plans to livestream firing-squad execution of Fort Hood shooterTrump opens White House inquiry into Fed governor Lisa CookICE agent shoots man in car with child in New YorkIndia shuts down parts of Delhi to block youth protest over voter-roll purgeAnthropic says rogue AI agents tried to access government sitesGaza ceasefire 'exists in name only', more than 100 NGOs sayArrest warrant issued for Eduardo Bolsonaro as runoff polls show tight raceSpaceX spectrum deal hits telecom stocksMontenegro detains Rybar administrator Zvinchuk and moves to expel himUN raises concern over police as French student protests go onIndonesian haze closes Malaysian schools as super El Niño identifiedUS suspends Microsoft, Adobe and others from green card programmeSoftBank seeks up to $100bn from Gulf investors for AIChina adds provincial stimulus as yuan reaches four-year highPalestinian Authority to postpone legislative electionsNvidia-backed Firmus pulls $5bn IPO in SydneySouth Africa withdraws asylum directive after anti-migrant violenceSettler attacks hit West Bank olive harvestLabour holds Starmer's former seat against GreensEurope weighs response to Russian shadow warOversight committee orders special audit of BNDApple cuts iPhone 18 Pro orders on soft demandAirtel Money slips below IPO price in London debutUS moves to disrupt hacking infrastructure run by China's Integrity Tech GroupJapan declares cyber space emergency as attacks soarItaly passes Meloni's electoral reformMerz outraged after Schröder attends Putin's birthdayErik Prince's forces suffer losses in CongoSponsors withdraw from Vilnius disinformation conference amid reported US pressureUS lifts sanctions on Russian diesel after Trump-Putin callTrump rules out Iran strikes before midterms as Iran attacks tankers beyond HormuzSaudi Arabia reports three dead at Riyadh airport as UN envoy says Yemen is back at full-scale warPanama counts damage after 7.7 earthquake, canal unaffectedUkraine-US talks open in Florida as Kyiv's grid failsCongo Ebola cases pass 8,700 as Kenya tightens border controls after first deathUS sanctions the International Criminal Court as a wholeEU says China accepts deep cuts to hybrid car exports after Beijing talksEthiopia and Eritrea trade accusations of aggression as fighting spreads in TigrayDrone strike kills about 30 at Sudan displacement campBond selloff persists as Pimco warns of 6% Treasury yieldsHurricane Isaias reaches Gulf coast as offshore oil and gas output is shut inUkraine hits second Yandex data centre and disrupts Moscow air trafficNavi Pillay wins Nobel Peace Prize, Israel denounces choiceUAE says flydubai co-pilot planned suicide attack on Tel Aviv terminalOpenAI revenue about $20bn below reported figure, unsettling AI stocksIran war fuel shock hits airlines and freight as UN cuts growth outlookPentagon plans to livestream firing-squad execution of Fort Hood shooterTrump opens White House inquiry into Fed governor Lisa CookICE agent shoots man in car with child in New YorkIndia shuts down parts of Delhi to block youth protest over voter-roll purgeAnthropic says rogue AI agents tried to access government sitesGaza ceasefire 'exists in name only', more than 100 NGOs sayArrest warrant issued for Eduardo Bolsonaro as runoff polls show tight raceSpaceX spectrum deal hits telecom stocksMontenegro detains Rybar administrator Zvinchuk and moves to expel himUN raises concern over police as French student protests go onIndonesian haze closes Malaysian schools as super El Niño identifiedUS suspends Microsoft, Adobe and others from green card programmeSoftBank seeks up to $100bn from Gulf investors for AIChina adds provincial stimulus as yuan reaches four-year highPalestinian Authority to postpone legislative electionsNvidia-backed Firmus pulls $5bn IPO in SydneySouth Africa withdraws asylum directive after anti-migrant violenceSettler attacks hit West Bank olive harvestLabour holds Starmer's former seat against GreensEurope weighs response to Russian shadow warOversight committee orders special audit of BNDApple cuts iPhone 18 Pro orders on soft demandAirtel Money slips below IPO price in London debutUS moves to disrupt hacking infrastructure run by China's Integrity Tech GroupJapan declares cyber space emergency as attacks soarItaly passes Meloni's electoral reformMerz outraged after Schröder attends Putin's birthdayErik Prince's forces suffer losses in CongoSponsors withdraw from Vilnius disinformation conference amid reported US pressure
Bota
Symbolic image: US lifts sanctions on Russian diesel after Trump-Putin callSymbolic image

US lifts sanctions on Russian diesel after Trump-Putin call

18 sources

Trump says Russia will ship diesel to the US and world markets, and Washington has eased sanctions to allow it. Zelensky calls it an investment in war.

After a phone call with Putin, Trump said on Friday, 9 October, that Russia will immediately supply more than 300,000 tonnes of diesel to the US and world markets, then 500,000 tonnes in November and 1 million shortly after. The US Treasury issued a temporary licence for Russian diesel valid until 7 April 2027, and the Kremlin confirmed the deal. Putin's envoy Kirill Dmitriev praised the cooperation.

Prices and midterms

Diesel is near record highs before the 3 November midterms. Wholesale diesel in New York harbour fell about 4.5 per cent, but analysts told the FT and Reuters the volumes will not greatly lower prices.

Kyiv objects

Zelensky called the deal an investment in a war that must be ended and offered mutual de-escalation: no Ukrainian strikes on Russian refineries if Russia stops hitting Ukraine's energy sector. A senior Ukrainian official told the FT the strikes will continue, and the UK said it will keep up sanctions pressure on Russia.

To the edition