World
Archived — This article has been archived. The information may be outdated.
Trump urges Ukraine to halt diesel strikes at $6
The Hindu··14 Sept
US President Donald Trump on September 13 urged Ukrainian President Volodymyr Zelenskyy to stop striking Russian oil refineries and diesel plants, saying the attacks cause a global shortage. US diesel prices hit a record above $6 a gallon on September 11, The Hindu reported. The International Energy Agency said Gulf diesel exports in August were a quarter of pre-war levels.
Prism
What It Means For You
- American drivers facing record diesel costs may watch whether Ukraine shifts targeting away from fuel plants.
- Fuel prices are a live issue before US mid-term elections in November, the report noted.
- Global markets already tightened after the war on Iran curbed oil shipments through the Strait of Hormuz.
What's Happening
- Trump spoke on the sidelines of the Irish Open after a reporter asked about his talks with Zelenskyy.
- Ukraine has targeted Russia's oil and gas sector for months, prompting Russian fuel rationing and an export ban in July.
- Russia has intensified air strikes on Ukraine's power grid ahead of winter, officials said.
Global diesel supply squeeze
- Kyiv says Russia's oil industry funds and fuels the invasion that began more than four years ago.
- The IEA said combined Gulf and Russian diesel exports accounted for almost 45% of global seaborne trade in February.
- Ukrainian attacks on refining compounded losses from Gulf disruptions, the agency wrote.
all-news
