MOSCOW, November 10. /TASS/. The diesel deal between Russia and the United States has made a significant contribution to energy security and helped lower fuel prices, Russian Foreign Minister Sergey Lavrov wrote in his article "The Impact of Global Economy on International Security" for the Kommersant daily.
"The agreement reached by the leaders of Russia and the United States to suspend restrictions on Russian diesel exports came as an important contribution to energy security. We have already begun implementing this agreement, and prices fell immediately as a result," he noted.
Russian President Vladimir Putin and his US counterpart, Donald Trump, held a phone call on October 9, during which they discussed, among other things, petroleum product supplies. The Russian president said that Moscow had reiterated its readiness to supply oil and petroleum products to the United States and global markets. The Washington administration has exempted Russian diesel fuel shipments to global markets from US sanctions until April 7, 2027.
Russian Deputy Prime Minister Alexander Novak told TASS earlier that Moscow is beginning to lift its ban on diesel exports ahead of schedule and is ready to supply 300,000 metric tons of diesel in October, increasing the volume to 500,000 metric tons in November and 1 million metric tons in December. Eventually, the plan is to increase this volume to three million metric tons per month.