Russian President Vladimir Putin said Friday that Russian diesel supplies to the United States and global markets would benefit the world economy, following a phone call with U.S. President Donald Trump.
A Kremlin statement said Putin and Trump discussed the global energy sector, prospects for resolving the war in Ukraine, the situation involving Iran and bilateral relations.
“In discussing the state of the global energy sector, the Russian side reaffirmed its readiness to supply oil and petroleum products to the U.S. and global markets,” Putin said.
“I am confident that this will have a positive impact on the global economy as a whole,” he added.
The Kremlin said the conversation devoted “significant attention” to prospects for resolving the war in Ukraine.
Putin also said the two leaders reaffirmed an agreement to maintain personal contacts and continue cooperation between their presidential administrations, intelligence agencies and other government bodies.
Putin’s remarks followed Trump’s announcement of what he described as a “highly successful discussion” with the Russian president.
Trump said on Truth Social that the talks resulted in an agreement for Russia to “immediately supply” more than 300,000 tons of diesel fuel to U.S. and global markets.
According to Trump, Russia would supply another 500,000 tons of diesel fuel in November and 1 million tons “immediately thereafter.”
He added that another 3 million tons would be delivered “within a short period,” depending on the condition of Russian diesel refineries.
After Putin’s statement, Russian Deputy Prime Minister Alexander Novak told state-run Tass news agency that Moscow viewed U.S. steps to stabilize global energy markets positively.
“Russia views positively the steps taken by the United States to stabilize the global energy market and gradually restore normal energy trade and stands ready to coordinate future actions aimed at creating a more predictable and healthy market,” Novak said.
Novak said Russia was ready to supply additional diesel fuel to the U.S. market as early as this month.
He said diesel exports in November and December could increase as Russian refineries recover from repairs.
“In the long term, the volume could rise to 3 million tons per month,” Novak said.
He added that Russia would also immediately begin lifting restrictions on diesel exports ahead of schedule.
Novak said the Russian domestic market would also be fully supplied with diesel.