Trump-Putin diesel deal boosts Kremlin confidence, CNBC reports
The agreement between US President Donald Trump and Vladimir Putin to ease sanctions on Russian diesel exports is expected to provide Moscow with political benefits rather than significant financial gains, according to experts cited by CNBC. The deal allows Russia to supply 4.8 million tons of diesel to the global market, a volume experts say is too small to impact world prices. Additional export revenues are estimated at $1.25 billion over three months, with monthly federal budget receipts under $30 million. Analysts warn the main risk is political, as easing sanctions without Kremlin concessions on Ukraine may encourage Moscow to demand further relief. Ukrainian officials also expressed concern that restrictions on Starlink use could embolden Russia to intensify strikes on civilian infrastructure.