U.S. President Donald Trump announced on Friday that he had held what he described as a “very successful” phone call with Russian President Vladimir Putin, claiming the conversation resulted in an agreement to supply large quantities of diesel fuel to the U.S. and global markets as fuel prices continue to rise.
In a post on his Truth Social platform, Trump said he had just concluded the conversation and announced an agreement to deliver more than 300,000 tons of diesel immediately, followed by additional shipments in the coming period.
He said the agreement includes the supply of another 500,000 tons in November, followed by one million tons shortly afterward, as well as an additional three million tons within a short period, depending on the operating status of Russian diesel refineries.
Trump described the arrangement as a “major and very important announcement,” expressing confidence that it would help ease pressure on fuel prices.
Trump Expects Diesel Prices to Fall
Trump linked what he described as full U.S. control of the Strait of Hormuz to the announced Russian energy supply agreement, predicting that diesel prices would fall sharply and quickly in the United States and around the world.
He said lowering prices for American consumers was his top priority, particularly for farmers, ranchers and truck drivers, whose operating costs are heavily affected by fuel prices.
Trump concluded his post by reiterating that Iran would not be allowed to possess a nuclear weapon, highlighting the continuing connection between energy supplies and military and political developments in the region.
Phone Call Comes Amid Close Scrutiny of U.S.-Russia Relations
The announcement came days after Trump spoke about arranging a call with Putin. On Wednesday, Kremlin spokesman Dmitry Peskov said Moscow and Washington had not yet agreed on a date for the conversation.
According to Russia’s TASS news agency, the two presidents had held five phone calls since the beginning of the year, with their most recent conversation taking place on September 8.
Trump had also hinted on Friday at an impending announcement of “big news” concerning diesel, as fuel prices remained elevated ahead of the November 3 U.S. congressional elections.
Rising Diesel Prices Add to Pressure on Americans
According to Reuters, diesel prices have risen by 70% since the start of the U.S.-Israeli war against Iran. The average U.S. diesel price reached $6.28 per gallon on Thursday, according to data from the American Automobile Association (AAA).
The claimed agreement comes as energy markets monitor the war’s impact on fuel supplies and transportation costs. Attention is now focused on whether any actual increase in diesel availability will translate into lower prices in the coming weeks.
The terms and implementation of the announced agreement remain central to assessing its potential impact on global energy markets and U.S. consumers.
