From CoinDesk
11 hours ago · 3:20 p.m. EDTStephen AlpherShare this postX iconX (Twitter)LinkedInFacebookEmailTrump claims deal with Putin for diesel supplies
“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,” said President Trump minutes ago on Truth Social.
“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,” he continued.
The post has knocked the price of heating oil (diesel) for November delivery down by 1.6% to $4.66 per gallon. That, in turn, has shaved about one basis point off the 10-year U.S. Treasury yield, now higher by 2 basis points on the day at 5.25%.