Neil Atkinson, former head of the IEA oil market division, said the diesel supply agreement announced by Trump leaves unclear where the fuel will originate; if supplies must come from Russia’s domestic market it would significantly damage the Russian economy. He noted the G7’s recent approval to release 50 million barrels of diesel has, because scale, timing and delivery locations remain unspecified, done almost nothing to ease market tightness, and said the US–Russia agreement faces the same co

Neil Atkinson, former head of the IEA oil market division, said the diesel supply agreement announced by Trump leaves unclear where the fuel will originate; if supplies must come from Russia’s domestic market it would significantly damage the Russian economy. He noted the G7’s recent approval to release 50 million barrels of diesel has, because scale, timing and delivery locations remain unspecified, done almost nothing to ease market tightness, and said the US–Russia agreement faces the same constraint. Atkinson added that an initial shipment of 300,000 tonnes (roughly 70,000 b/d over one month) would be negligible against US diesel demand of about 3.7 million b/d and global diesel demand near 29 million b/d.