Five things to watch after Trump's Russian diesel deal
President Trump's decision to collaborate with Putin to tackle a global diesel shortage could complicate U.S. relations with Russia amid its invasion of Ukraine. This move highlights the severe fuel crisis, exacerbated by the Iran war and Ukrainian attacks on Russian refineries. With U.S. diesel prices hovering around $6 per gallon, this deal could ease costs but risks political backlash, especially with midterm elections on the horizon. Trump's strategy underscores the intersection of energy policy and geopolitical tensions.
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