Russian diesel deal hits rough waters as tankers divert and US buyers hesitate (Representational Image)
\n\nPresident Donald Trump’s plan to bring Russian diesel into international markets is facing growing uncertainty, with multiple tankers changing course and potential buyers reluctant to handle the shipments amid legal and sanctions-related concerns. Despite Washington’s assurances that the fuel will eventually fiind buyers, the developments have raised questions about whether the agreement with Moscow can deliver the intended results.
\n\nThe latest setback involves the Malta-flagged tanker Agioi Fanendes, which was carrying Russian diesel towards the US East Coast before slowing down and entering an “awaiting orders” status. The situation has unfolded against a backdrop of political opposition, conflicting interpretations of US sanctions and concerns among port operators about possible legal consequences.
\n\nUS Energy Secretary Chris Wright has dismissed concerns about the tanker’s sudden slowdown, maintaining that the shipment can still reach the international market even if it does not unload at its initially indicated destination.
\n\nAsked whether he was concerned that the vessel, which had previously signalled New York as its destination, had stopped moving towards the port, Wright said the administration was not worried.
\n\n"Not at all. No, it'll go to another port," Wright…
Original source: https://www.timesnownews.com/business-economy
