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Trump Says Russia, Ukraine Agree to Halt Energy Target Strikes

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US President Donald Trump said that Ukraine and Russia agreed to avoid strikes on each other's energy targets, and that Iran wants to make a deal, according to multiple Truth Social posts on Monday.

Trump linked the higher global diesel prices mainly to the Russia-Ukraine war rather than Iran.

"Ukraine has agreed not to hit Russian Energy targets. Russia has agreed to do, likewise! The world's diesel price rise is mostly caused by the Russia/Ukraine War, not Iran," Trump posted.

Neither side has publicly confirmed that it agreed to halt strikes on energy targets.

In a separate post shortly after, Trump said Iran wants to reach a deal quickly, adding that he will decide whether the US should engage with Tehran.

"The failing nation of Iran wants to make a deal, quickly and badly. I will determine whether or not the USA will choose to engage - The concept of which we are open to," Trump said.

Separately, US Energy Secretary Chris Wright said Russia has halted diesel exports and shifted from a small gasoline exporter to a meaningful importer, according to a Bloomberg interview posted on the White House Rapid Response account on X.

"There's been a huge disruption in Russian diesel exports. They were a meaningful exporter of diesel. Today, they're not exporting any," Wright said.

"Russia was a small exporter of gasoline. Now they've become a meaningful importer of gasoline," Wright added.

Wright said Middle Eastern refining also remains tight, while the US wants the region to send more refined products to help ease supply constraints.

"We are getting some, and it's not trivial, but we want to see even more come out of the Middle East," he said.

Wright also criticized California refinery closures and said President Donald Trump would prioritize US energy production. "You'll see progress in the production and ultimately progress on prices," Wright said.

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Oil & Energy

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Oil & Energy

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Oil & Energy

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