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- November 1, 202614°
Vance supports lifting sanctions on Russian diesel
U.S. Vice President J. D. Vance rejected claims in an interview with iHeart on October 23 that Russia was steering U.S. President Donald Trump. Vance said lifting sanctions on Russian diesel would reduce costs for U.S. farmers and consumers facing high fuel prices.
U.S. Vice President J. D. Vance, who supports lifting sanctions on Russian diesel, said the move would reduce costs for U.S. farmers and consumers facing high fuel prices.
In an interview with iHeart on October 23, Vance also rejected Republican Senator Tom Tillis's accusation that the Russians were steering U.S. President Donald Trump as they pleased. Vance said, "I assure you that nobody is steering the U.S. President. He is assessing the situation quite realistically."
Sanctions exemption for Russian diesel
Russian President Vladimir Putin and Donald Trump held a phone call at the beginning of October. Following the call, Trump announced that a comprehensive agreement had been reached on diesel fuel.
The U.S. Treasury Department also granted an exemption from sanctions on Russian diesel in this context. The exemption will remain in effect until April 7.
Moscow's diesel shipment plan
The Russian government partially lifted its ban on diesel fuel exports the day after the phone call. Russian Deputy Prime Minister Alexander Novak announced that Moscow was ready to send 300,000 tons of diesel to the U.S. and global markets in October.
Novak said a further 500,000 tons could be shipped in November and up to 1 million tons in December. Trump said the agreement was necessary not only for the U.S. but for the entire world.
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