“On October 9, an agreement was reached at the presidential level between the US and Russia. Under the deal, sanctions imposed on the sale of Russian diesel fuel are lifted, while the Russian side commits to supplying 300,000 tons of diesel fuel per month, subject to a subsequent increase in supply volumes.”
Globalinfo.az reports that Armenian historian Arek Savgulyan stated this on his social media account.
He recalled that the US consumes 170 billion tons of diesel fuel annually:
“In other words, the 300,000 tons of diesel to be supplied by Russia represents about 0.21 percent of annual US transport fuel consumption—roughly 18 hours worth of consumption. This volume cannot even significantly impact a decline in diesel prices. Yet during Donald Trump’s presidency, diesel prices surged by about 70 percent amid the Middle East crisis.
Elections to the US Congress and Senate will be held on November 3. For the sake of political spectacle, the fuel (diesel) deal could turn into the Republican Party’s main trump card in the elections. It is no coincidence that Trump openly thanks Putin, telling voters that the US will receive millions of gallons of diesel through this deal.
The rest is the work of the propaganda machine blowing up an economic bubble. In reality, the main issue here is political rather than economic.”
The historian noted that Ukrainian President Volodymyr Zelensky became a casualty of the diesel deal:
“Answering a question about him directly, the US president said it would be better for Ukraine to elect a new president.
I believe the US and Russia have reached an understanding on this issue. Or the US president is making a major gesture. The reasons for dissatisfaction with Zelensky outweigh the grounds for keeping him in power.
Independent investigations show that illegal financial flows handled by military recruitment offices in Ukraine just to evade military service amount to $5 billion a year. This cannot simply be local-level corruption; we are talking about a vertical, systemic mechanism.
Europeans and Americans have repeatedly accused Zelensky of making money. He is not waging war; instead, he is simply making money. Reports have circulated on the internet claiming Zelensky earns $11 million a month from the war. But that is small change.”
Arek Savgulyan said that the more the US and Europe increase pressure on Russia, the more Moscow turns toward Beijing:
“The US strategy to suffocate Russia with economic sanctions is not yielding the desired result. Meanwhile, Zelensky cannot satisfy his patrons with the use of resources allocated to him.
At the same time, the Trump administration’s standing is weakening as a result of the setback it faced in the Middle East. Overall, the diesel deal is an economic bubble created to pull the wool over the eyes of the American electorate. Its primary goal is to secure a Republican victory in the congressional and Senate elections.
In reality, lower diesel prices are linked not only to reduced imports, but also to rising oil refining costs.
Yet Trump’s ‘diesel game’ shows that an economically insignificant step can be presented in domestic politics as the salvation of the entire American economy.
However, the US itself exports about 5.2 million tons of diesel fuel per month. Russia supplying 300,000 tons in October, 500,000 tons in November, or even 1 million tons in the future will not change anything for an economy as massive as America’s.”
Gunay Rasulgyzy
Globalinfo.az
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