Russia is set to dispatch its first-ever diesel tanker to the United States on Thursday (October 22), carrying 40,000 metric tonnes of diesel under a deal struck with US President Donald Trump.
Citing Russian daily ‘Vedomosti’, news agency Reuters reported that Russian Deputy Prime Minister Alexander Novak confirmed on Wednesday (October 21) that documentation for the supply is in its final stages, though the departure port was not disclosed.
Novak stated that additional shipments will follow, noting that the agreement aims to fulfil US demand to the extent of Russia's capacity.
Earlier, President Trump announced that Russia would immediately export 300,000 metric tonnes (2.25 million barrels) of diesel, followed by 500,000 tonnes in November and a subsequent 1 million tonnes.
The move comes after Russia lifted its own restrictions on diesel exports on October 9, which had been previously imposed to address domestic fuel shortages following Ukrainian drone strikes on Russian oil refineries.
During a meeting with US Special Envoy Steve Witkoff in St. Petersburg on Wednesday, Russian President Vladimir Putin noted that global diesel prices dropped by 5 to 6 per cent following the bilateral agreement. Witkoff expressed gratitude to Putin, describing the deal as an example of collaboration between the two nations.
Putin added that Russia is preparing multiple fuel tankers for dispatch and highlighted Russia's capacity to supply large quantities of fertilizers to the US market as well.
The diplomatic and trade agreement between Moscow and Washington has reportedly led to significant strain in relations between Washington and Kyiv, according to Reuters.
-EM