Russia and Trump Trade Blame Over Rising Fuel Prices
President Donald Trump has blamed Ukraine's drone strikes on Russian oil refineries for rising global fuel prices, while Russia itself points to the Iran war and Trump's own policies as the cause. Trump warned Ukraine against attacking refineries, saying it harms the world. Ukraine has conducted a successful drone campaign in 2026 targeting Russian oil storage and refineries, which are crucial to Russia's export revenues. Trump has threatened reprisals if Ukraine does not stop, while Russia claims it has sold $320 billion in oil and gas to Europe since 2022 despite sanctions. US diesel prices have risen 80 percent since Trump joined Israel in attacking Iran in February. Trump recently announced a deal for Russia to supply diesel to the US, but experts doubt it will lower prices, noting Russia's export ban and damaged Middle East refineries.