United States (US) President Donald Trump announced in a Truth Social post that Russia will immediately supply more than 300,000 tons of diesel to the US and other global markets, with 500,000 tons in November and 1 million shortly after.

The average diesel price in the US is $6.28 a gallon, down from the record $6.53 at the end of September, and the US Treasury formally issued a temporary license allowing Russian diesel into the market shortly after the announcement, according to the BBC. Putin’s envoy, Kirill Dmitriev, wrote on X that Russia-US cooperation on diesel and energy will benefit the world. Kremlin aide Yury Ushakov announced that Putin and Trump spoke by phone, amid renewed diplomatic efforts by Washington.