Deal Details and Administration Response
President Trump announced the deal on Friday, stating that Russian President Vladimir Putin had agreed to release more than 300,000 tons of diesel immediately, with another 500,000 tons to follow in November. The US Treasury Department subsequently issued a temporary license allowing transactions involving Russian-origin diesel.
Treasury Secretary Scott Bessent defended the move, telling Fox News that the administration would implement the deal using its available legal authorities. "We are going to do it with all the legal authorities we have. So, you know, anyone in Congress who says whether it’s an old bill or the current Lindsey Graham bill (that) prohibits us from doing it is wrong," Bessent said.
Senator John Barrasso, a Republican from Wyoming, supported the president's approach, describing the arrangement as leverage against Putin. "The president is balancing and has to make tough decisions," Barrasso said on CBS’s "Face the Nation."