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Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US

Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US

Summary

Three tankers that were expected to carry Russian diesel to the United States have changed course or listed other destinations, putting a deal announced by President Donald Trump and Russian President Vladimir Putin in doubt. Analysts quoted in the article said the remaining tanker was also likely to sell its cargo elsewhere, while Moscow disputed reports that the shipments had diverted.

Key Facts

  • The deal was announced last month amid rising U.S. fuel prices and ahead of the November 3 midterm elections.
  • The Talisman left the St. Petersburg area on October 22 and later turned south into the Mediterranean.
  • The Talisman is on international sanctions lists, according to the article.
  • The Leruo, which is sanctioned by the EU, UK and US, listed Brazil as its destination while sailing across the Atlantic.
  • The Agioi Fanendes, carrying 40,000 metric tons of diesel, had a destination listed as awaiting orders; its last position was reported on October 28.
  • A Kpler analyst told the Financial Times that the Agioi Fanendes had been expected in New York around November 7–8.
  • Kremlin envoy Kirill Dmitriev said the tankers destined for the US remained on course, while spokesman Dmitry Peskov called the shipments a commercial matter.
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