Russia says diesel supply deal with US under negotiation after Trump-Putin call

Russia has announced that a deal with the US to supply diesel is still under negotiation, contradicting earlier claims made by US President Trump. This development is significant for markets as it suggests uncertainty around the deal's outcome. If the agreement is reached, it could help alleviate global supply chain issues and ease pressure on oil prices. However, the ongoing negotiations imply that the deal's terms and timing may not be as certain as initially stated.

Why it matters

Russia and the US are negotiating a diesel supply deal, which could increase diesel availability and reduce prices. The deal's outcome is still uncertain, but a potential agreement could have a positive impact on the market.

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