FT reports the diesel arrangement reportedly struck between Trump and Putin ahead of the US midterms is encountering disruption. Two tankers that had been bound for the US have diverted—one to Brazil, one to the Mediterranean—and a third remains en route to the US with buyer and discharge port unconfirmed. A sanctioned tanker has also sailed from Russia toward the US. The New Jersey governor has notified state port operators to refuse any tankers carrying Russian diesel under threat of severe pe

FT reports the diesel arrangement reportedly struck between Trump and Putin ahead of the US midterms is encountering disruption. Two tankers that had been bound for the US have diverted—one to Brazil, one to the Mediterranean—and a third remains en route to the US with buyer and discharge port unconfirmed. A sanctioned tanker has also sailed from Russia toward the US. The New Jersey governor has notified state port operators to refuse any tankers carrying Russian diesel under threat of severe penalties. Congressional Democrats and some Republicans have challenged the deal’s legality and urged its reversal. Kpler analyst Matt Smith says two Russian diesel cargoes have re-routed and a third may change course due to regulatory and sanctions risk. TORM CEO Jacob Meldgaard says operational barriers would hamper efforts to reintegrate Russian product even if US policy shifted. US diesel stocks have tightened below 100 mln barrels, the lowest in over 20 years.