President Trump on Friday released a statement on his latest phone call with Russian President Vladimir Putin.
Trump said the US will now be importing diesel fuel from Russia.
The President secured several million tons of Russian diesel ahead of the midterm elections in additional to his executive order to slash prices.
Full statement from President Trump:
I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter.
Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel.
Between our TOTAL CONTROL of the Strait of Hormuz, and this great announcement on Russian Energy, Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST! Lower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority.
This is a very big and important announcement. Additionally, it must be understood, that Iran will not have a Nuclear Weapon! Thank you for your attention to this matter. President DONALD J. TRUMP
Over the summer, President Trump announced a historic deal with Venezuela.
The US government secured a 35% equity stake in the parent company of NABEP, a firm controlled by Venezuelan billionaire Alejandro Betancourt – and major off-take rights over 65 billion barrels of Venezuelan oil.
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