Trump Grants Russian Diesel Waiver to Isolate China
President Donald Trump authorized a six-month waiver for Russian diesel sales to lower fuel prices and restrict China's access to global energy supplies.
The United States Department of the Treasury issued a six-month waiver on October 9 allowing Russian diesel to be sold on the global market. The decision followed a phone call between President Donald Trump and President Vladimir Putin as part of a strategy to lower domestic fuel prices before the November 3 midterms and constrain China's economic growth by denying it energy supplies.
This energy policy follows previous U.S. actions to control global resources, including the capture of President Nicolás Maduro in Venezuela to manage oil exports and the closure of the Strait of Hormuz to block Iranian energy shipments to China. Washington and Moscow are currently discussing the involvement of a U.S. investor in the damaged Nord Stream pipelines to allow Europe to resume purchasing Russian gas.
In exchange for regaining access to European markets, Russia is expected to end the war in Ukraine on terms the U.S. would frame as a historic achievement and reduce its military and intelligence support for Iran. President Volodymyr Zelenskyy is expected to oppose the proposed energy and peace plan.
