2026-09-159brief

Trump announced a Russia-Ukraine energy truce Kyiv calls conditional

Zelenskyy said Ukraine will halt strikes on Russia only if Russia spares Ukrainian critical infrastructure. Trump blames Ukrainian refinery strikes for US diesel topping $6 a gallon last week.

Diesel backdrop:

  • The previous US diesel record was $5.82 a gallon in June 2022.
  • Russia is a diesel exporter.
  • Russia banned diesel exports in July after Ukrainian refinery strikes.