Trump, Russia and Ukraine
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Ukraine's oil infrastructure attacks have aggravated a domestic fuel supply crisis in Russia, contributing to export bans, price increases, and sales restrictions across the country.
U.S. distillate inventories hit their lowest level on record for this time of year, with storage lease data signaling tight supplies through at least early 2027
President Trump has called on Ukraine to cease attacking Russian energy infrastructure right as Ukraine changes strategy and reaps considerable success.
U.S. President Donald Trump has called on Ukrainian President Volodymyr Zelenskyy to halt strikes on Russian diesel fuel infrastructure, saying attacks are causing a global shortage.
Ukraine’s refinery strikes and Hormuz disruption are tightening the global diesel market through fuel output, shipping costs, insurance and trade risk.