Trump and Putin agreed to a 300,000-ton diesel supply deal, aiming to lower prices before the midterms. The agreement marks a shift from years of U.S. pressure on Russia.
The deal was announced via a phone call between Trump and Putin. Russia will supply diesel to both the U.S. and global markets, addressing soaring fuel prices.
The move comes as U.S., Ukrainian, and European officials prepare to hold talks in Miami to address Russia's war in Ukraine. Moscow controls about 20% of Ukrainian territory.
The deal is part of broader efforts to ease energy market pressures, though the long-term impact on global prices remains to be seen.