Seven oil tankers carrying 288,000 tonnes of Russian diesel sail towards US

Seven oil tankers carrying 288,000 tonnes of Russian diesel are now sailing towards the US, marking the first phase of a contentious supply deal between former US President Donald Trump and Russian President Vladimir Putin. This deal reverses years of sanctions on Russian oil, which had been in place due to various geopolitical tensions. The shipments are being closely tracked by the environmental group Greenpeace, who are likely to be monitoring the situation closely.

Why it matters

The transport of Russian diesel to the US is a significant development, as it indicates a potential increase in trade between the two countries. However, there is uncertainty over whether the vessels will be allowed to unload, which could impact the market.

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