Trump’s Russian Diesel Deal Offers Little Relief with Reuters Columnist Ron Bousso

Trump’s Russian Diesel Deal Offers Little Relief with Reuters Columnist Ron Bousso

Can Trump’s Russian diesel deal bring price relief? Markham Hislop speaks with Reuters energy columnist Ron Bousso about the announced supplies, the global diesel shortage and the political pressure ahead of the American midterms.

Bousso estimates the initial volumes represent roughly twelve hours of global demand. They discuss Ukrainian strikes on Russian refineries, the potential boost to Moscow’s revenues and why markets are less persuaded by Trump’s assurances. Bousso also explains why recovering crude oil flows through Hormuz do not guarantee sufficient refined fuel.

A conversation about diesel supply, refining constraints and the consequences for consumers and the Ukraine war.