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Trump Announces Russian Diesel Import Deal, Prices Likely Unchanged

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Shipment Too Small
  • U.S. President Donald Trump announced on October 13, 2026 a deal to import Russian diesel into the United States.
  • Analysts note the 300,000-ton shipment—about 1.5 days of U.S. diesel output—is too small to lower prices before the November midterm elections.
  • Diesel rose to $6.27 per gallon, the highest October seasonal level recorded.
  • Analyst Patrick De Haan warned truckers and farmers will not see price relief soon.
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