Trump’s Russia Diesel Deal Unlikely To Offer Consumers Price Relief
With or without a deal with Russia, diesel prices on global markets are unlikely to fall significantly anytime soon. That is the assessment of experts interviewed by DW regarding the latest fuel-supply agreement between US President Donald Trump and Russian President Vladimir Putin. "The main reason for high diesel prices is the war in Iran and the simultaneous disruption of shipping through the Strait of Hormuz and the Bab al-Mandeb Strait," said Samina Sultan, a foreign trade expert at the German Economic Institute (IW) in Cologne.
The situation has led to production outages and made fuel…
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Story file
- Section
- World
- Topics
- Economy & RBI, Weather & monsoon
- First reported by
- Abp News
- Reporter
- deutsche welle
- Published
- Wednesday, 14 October 2026, 11:18 pm IST
- Coverage
- One outlet so far
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