OFAC Announces Temporary General License for Russian Diesel Supply
On October 9, 2026, the U.S. Treasury’s Office of Foreign Assets Control was reported to be immediately issuing a temporary general license allowing Russian diesel to be supplied to global markets at President Donald Trump’s direction. Trump said Russia would provide more than 300,000 tons immediately, 500,000 tons in November, and another 1 million tons thereafter; a separate report cited 3 million metric tons, so the reported quantities remain unresolved.
Contemporaneous reports explicitly state that the U.S. Treasury’s Office of Foreign Assets Control was immediately issuing a temporary general license permitting Russian diesel supply to global markets, making this a concrete sanctions-policy action with forward implications for fuel availability and sanctioned trade. President Trump’s reported volume schedule is included only as attributed information because another report cited 3 million metric tons and the quantities are not reconciled; the license terms, duration, and actual shipments remain uncertain. The occurrence time is estimated from the earliest explicit OFAC report at 18:50:19Z because no precise effective timestamp is provided. The development advances the existing Russia sanctions-relief storyline represented by event 6863 and is not merely a market-price update. Stakeholders approved are limited to refiners, replacement-fuel exporters, and fuel-intensive operators with a documented causal exposure in the supplied context; speculative counterparties, insurers, banks, tankers, and unnamed Russian producers are excluded.
The U.S. Treasury says it is immediately issuing a temporary license, at Trump’s direction, allowing Russian diesel to be supplied to global markets.
US Treasury: Office of Foreign Assets Control (OFAC) is immediately issuing a temporary general license to allow the supply of Russian diesel to the global market.
President Trump says he held a “highly successful” discussion with Vladimir Putin, securing an agreement for Russia to supply diesel to U.S. and global markets.
According to Trump, Russia will deliver over 300,000 tons immediately, followed by 500,000 tons in November and another 1 million tons thereafter.
Russian Deputy Prime Minister Alexander Novak told TASS that Russia could export 300,000 tons of diesel in October, 500,000 tons in November and 1 million tons in December.
Exports could eventually reach 3 million tons per month, he added.
President Trump said Friday that his administration reached an agreement with Russia to supply diesel fuel to the U.S. and global markets, a surprise pivot that he cast as part of an effort to lower prices for American farmers and households.
The move, which included suspending sanctions on Russian diesel exports for about six months, comes as Trump and the Republican Party are
where it was agreed that Russia will immediately supply 300,000 tons of diesel fuel to the American and global marketplace, another 500,000 tons due during the month of November and a million tons immediately thereafter.
Donald Trump justified his decision to ease sanctions on Russian oil as a necessary move to bring down prices at the pump, but it prompted accusations of weakness from the Ukrainian President Volodymyr Zelenskyy
US President Donald Trump and Ukrainian leader Volodymyr Zelensky traded barbs Saturday after Washington moved to ease sanctions on Russian diesel and Moscow's continued strikes on Ukraine killed at least 21 people, including four children.
Wes Streeting said Ukrainians alone should be able to decide who led their country as he indicated Trump was facing domestic political pressure over fuel prices ahead of next month’s US midterm elections.
The agreement promises Russia to ship over 300,000 tons of diesel immediately, 500,000 tons in November, and 1 million tons soon after, with potential for up to 3 million more tons.
while the U.S. Treasury granted a temporary license for the shipments.
President Donald Trump said on Friday Russia had agreed to supply diesel to global markets in an effort to lower fuel prices, and his administration temporarily lifted US sanctions on Russian fuel that were designed to deprive Moscow of revenues for its war on Ukraine.
President Trump is moving to buy Russian diesel while also pressuring Ukraine to halt attacks on refineries, a lifeblood of Moscow’s war machine.