Trump urges Ukraine not to target Russian oil refineries amid U.S. diesel price record
U.S. President Donald Trump has urged Ukrainian President Volodymyr Zelenskyy to stop targeting Russian oil refineries, stating the attacks are contributing to a global diesel shortage and hurting fuel supplies worldwide. Recent strikes by Ukraine on Russia's refining infrastructure have disrupted Moscow’s capacity, prompting an extension of its diesel export ban through September in an effort to stabilize domestic supply. U.S. diesel prices reached a record high above $6 per gallon for the first time ever as tensions from both the Ukraine and Iran conflicts continue to impact energy markets globally. The rise coincides with increased crude oil prices, including international benchmark Brent crude futures rising 3.1% on Monday morning after surging over 20% in the past month. The situation has been exacerbated by recent attacks on Saudi Arabia’s East-West pipeline and Iranian strikes on ships in the Gulf, raising further concerns about regional energy supply stability.
Topics: Diesel Shortage Global Energy Markets Russia Trump-Zelenskyy Relations Ukraine War