🚨 Breaking: Trump announces deal with Russia to supply 3 million tonnes of diesel
U.S. President Donald Trump said he had reached an agreement with Vladimir Putin to supply large quantities of diesel to the United States and global markets, starting with more than 300,000 tonnes immediately, followed by 500,000 tonnes in November, then an additional million tonnes, with another 3 million tonnes over a short period.
Trump expects this to lead to record drops in diesel prices, particularly given his comments about taking control of the Strait of Hormuz.
📊 What does this mean for markets?
If the deal is carried out in these quantities, it could ease pressure on fuel supplies and affect inflation expectations. This could have an impact on oil and the dollar, and consequently on risk appetite in markets, including crypto.
Let’s see what happens with moves to lower oil prices, and $BTC and cryptocurrencies generally as they retest and correct. Will the markets move in sync?
$DOT $FIL
U.S. President Donald Trump said he had reached an agreement with Vladimir Putin to supply large quantities of diesel to the United States and global markets, starting with more than 300,000 tonnes immediately, followed by 500,000 tonnes in November, then an additional million tonnes, with another 3 million tonnes over a short period.
Trump expects this to lead to record drops in diesel prices, particularly given his comments about taking control of the Strait of Hormuz.
📊 What does this mean for markets?
If the deal is carried out in these quantities, it could ease pressure on fuel supplies and affect inflation expectations. This could have an impact on oil and the dollar, and consequently on risk appetite in markets, including crypto.
Let’s see what happens with moves to lower oil prices, and $BTC and cryptocurrencies generally as they retest and correct. Will the markets move in sync?
$DOT $FIL