U.S. Energy Secretary Chris Wright told CNBC that the U.S. may allow more Russian diesel onto the global market depending on Moscow’s behavior. He framed the Trump administration’s suspension of sanctions on Russian diesel exports as “an incentive” for Moscow to end the war in Ukraine. Under a Trump–Putin deal, Russia would export 800,000 metric tons of diesel in October and November, followed by another million tons; the first 300,000-ton shipment equals about 75,000 barrels per day over one month, and the 500,000-ton tranche about 124,000 bpd. Analysts say these volumes are small relative to global demand of around 28 million barrels per day, so they will not materially lower prices. Ukraine’s President Volodymyr Zelenskyy and several Republican senators have sharply criticized the deal.
Summary written by Upside AI from the original article. Read the source for full details.
Keywords
oil pricesRussiasanctionsDonald TrumpUkraine
Open a keyword to see other news on the same topic.
Related tickers and likely impact
PVD
▼ Likely negativePetroVietNam
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Oil Equipment & Services |
| Market cap | 17,395 bn VND |
| P/E | 15.6 |
| P/B | 1.00 |
| Close on 10/27/2026 | 18.50 |
| Change that session | -1.33% |
PVT
▼ Likely negativePVTrans
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Industrial Goods & Services |
| Industry | Marine Transportation |
| Market cap | 12,225 bn VND |
| P/E | 8.6 |
| P/B | 1.29 |
| Close on 10/27/2026 | 23.20 |
| Change that session | -1.90% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- What President Trump wants to do with both Ukraine and Russia
President Trump said the US will do business with both Ukraine and Russia after the conflict ends, despite criticism of efforts to restore trade ties with Moscow. He argued Washington should have secured greater financial returns from the billions of dollars in aid to Kyiv under Joe Biden. The announcement came as the first Russian diesel tanker, which left the Primorsk port, was en route to New York under a supply deal announced on October 9, covering 40,000 tonnes of fuel. Moscow then eased restrictions on diesel exports, allowing production of 500,000 tonnes, which would be the first time since 2022 that Russian diesel has been shipped to the US. Trump said the deal aims to ease fuel costs before the November midterm elections, but a plan to import about 900,000 tonnes of Russian diesel has drawn criticism from European allies, Ukraine and members of Congress, who say the cargoes could evade sanctions.
- Russia ready to resume three-way talks with Ukraine and US after November 4
On 25/10, Russian presidential foreign policy aide Yuri Ushakov said Russia is ready to resume three-way talks with Ukraine and the US after November 4, but does not expect much from the meeting. The statement followed remarks by Ukrainian President Volodymyr Zelensky about a new round of talks expected in the first half of November, possibly in Abu Dhabi. Ushakov said a peace agreement “still needs to be finalized.” Earlier, US envoy Steve Witkoff met Vladimir Putin in St. Petersburg for three hours and said discussions would continue at the technical level. Meanwhile, US President Donald Trump has recently criticized Zelensky strongly, threatened to cut intelligence sharing with Kyiv and loosen sanctions on Russian oil exports.
- Donald Trump, Aligning with Vladimir Putin Yet Again , Leaves Ukraine and US Relations with Europe Under Pressure
The October 9 deal between Donald Trump and Vladimir Putin allows Russia to sell millions of tonnes of diesel, a major departure from US policy that runs counter to Ukrainian and European interests and contradicts a US law signed in September to authorise sanctions and tariffs on nations importing Russian oil and gas. The volume is just under six million barrels, roughly a day and a half of US diesel demand, so it is unlikely to significantly affect global diesel prices. Talks in Miami with Ukrainian and European officials ended without agreement, and those officials were reportedly blindsided by the announcement. Kyiv's strikes on Russian refineries have reportedly cut Russian refining capacity by up to 60%, and Zelensky says Ukraine will stop if Russia stops attacking its energy infrastructure. After the announcement Russia struck a Ukrainian power plant, Trump told Ukraine on October 10 to 'get a new leader', and Washington has reportedly threatened to cut intelligence sharing and block weapons sales if the strikes continue.
- Washington-Kyiv rift leaves Ukraine peace facing a new test
U.S. President Donald Trump has repeatedly criticized Ukrainian President Volodymyr Zelensky while Washington eases some energy sanctions on Russia, deepening public disagreements as the sides seek to restart peace talks before winter. On Oct. 19, Trump again suggested Ukraine send someone else to negotiate, the second time in just over a week, after raising on Oct. 10 the idea that Ukraine needs a new president to reach a deal. He argues Kyiv's strikes on Russian refineries push up global fuel prices, while Zelensky warns that easing sanctions on Russian fuel could reduce Moscow's incentive to end the conflict. The fuel move was announced during a Miami meeting of U.S., Ukrainian and European negotiators on Oct. 9, as energy prices remain high ahead of the U.S. midterm elections on Nov. 3. Some U.S. lawmakers have also opposed easing the sanctions.
- Trump waives new Russia sanctions
President Trump has temporarily waived some sanctions targeting Russia's energy sector and economy for 60 days, saying he is negotiating peace in the Russia-Ukraine war and does not want to drive Russia away from the table. The sanctions come from the bipartisan Lindsey Graham Act passed last month, which also targets Putin, Russian financial institutions, a 'shadow fleet' of oil tankers, and countries buying Russian oil and gas, including China and India. Ukrainian President Zelenskyy called the decision 'unfortunate' and 'a historic mistake,' and bipartisan lawmakers also criticized the pause. Gas prices have risen more than 34% year over year according to government inflation data, and analysts say a recent deal allowing Russia to export diesel will do little to lower global diesel prices.
- Ukraine launches 1,015 drones at Russia; Trump tells Zelensky 'don't wreck the talks' – Putin takes a hard line
Overnight on October 17, Ukraine launched one of the largest drone attacks on Russia this year, targeting an oil facility despite a request from US President Donald Trump to stop hitting Russian energy infrastructure. Russia's Defense Ministry said it shot down 1,015 Ukrainian drones overnight into October 18, and that the St. Petersburg oil port, an Ozon logistics center and a VKontakte data center were among the targets. Trump criticized Zelensky for not wanting to end the war, while Zelensky said US siding with Russia would be a 'historic mistake' and noted that US intelligence sharing had been paused for three days. Trump also lifted sanctions on Russian diesel imports, and Zelensky said Russia had attacked Ukrainian energy sites 76 times since the energy ceasefire was announced.
Related markets
Latest news
- TSLA Stock Rises As Cybercabs Overtake Model Ys In Authorized Texas Robotaxi Fleet
Data from the Texas Department of Motor Vehicles shows Tesla's purpose-built Cybercab, a steering-wheel-free robotaxi, has become the majority of its authorized robotaxi fleet in Texas for the first time, with 544 of 1,051 vehicles. Model Y accounts for 507, a shift from early October when the registry showed 319 Cybercabs against 420 Model Ys. The data covers authorization only, not whether vehicles are operating or carrying riders. Cybercabs currently run only in Austin, while Tesla's robotaxis operate in Austin, Houston, Dallas and parts of Florida; Tesla said it is looking to add Cybercabs in Dallas next month. TSLA closed 4% higher on Tuesday but is down 9% year to date.
- Why Brown & Brown Stock Slumped by 5% Today
Brown & Brown's third-quarter revenue was almost $1.73 billion, up more than 7% from a year earlier but below the analyst average of $1.76 billion. GAAP net income rose almost 6% to $240 million, while adjusted earnings per share inched up nearly 2% to $1.07, short of the $1.09 consensus. The company cited a challenging rate environment of softening insurance premiums and said the Accession Risk Management Group acquisition, a $9.8 billion deal in 2025, helped results. Organic revenue, which excludes acquisitions, rose barely over 1% to $1.46 billion, pointing to weakness in the legacy business. The stock closed nearly 5% lower on Tuesday amid a broad investor sell-off.
- Penguin Solutions, Broadcom, FormFactor, Lattice Semiconductor, and AMD stocks trade up, what you need to know
Several chip and AI hardware stocks rose in the afternoon session after Broadcom reportedly secured $63 billion in bank financing to develop proprietary AI chips for Anthropic. Anthropic's IPO filing and Meta's equity offering were seen as signs that tech capital spending remains robust. PENG rose 7.8%, AVGO 3.8%, FORM 5.9%, LSCC 5.2% and AMD 5.3%. The article notes PENG had dropped 9.4% five days earlier after warnings that component shortages and cleanroom constraints would limit chip equipment makers through 2027, citing Lam Research. PENG has had 69 moves greater than 5% over the past year.
- Investing $1,000 in Each of These 3 Stocks 20 Years Ago Would Have Created a Portfolio Worth $674,000 Today
The article calculates that a $1,000 investment in each of Nvidia, Netflix and Amazon 20 years ago would be worth about $674,000 combined as of October 26. Nvidia's stake would be worth about $383,000, with most gains coming in the past couple of years as generative AI took off; the chipmaker's operating profit totaled nearly $200 billion over the past four quarters, its market cap is around $5.3 trillion, and it trades at 28 times trailing earnings. Netflix's stake would be worth more than $161,000, but its stock has fallen this year on concerns about slowing growth and is trading near its 52-week low. Amazon's stake would be worth about $130,000, and its operating income last year reached $80 billion, more than six times the $12 billion of three years earlier; the stock trades at around 20 times trailing earnings. The author argues these growth stocks can still be good buys today.
- Western Digital, Allegro MicroSystems, Amtech, and Teradyne shares skyrocket, what you need to know
Several semiconductor stocks rose sharply in the afternoon session after Broadcom obtained $63 billion in bank financing to develop proprietary AI chips for Anthropic. Alongside Anthropic's IPO filing and Meta's equity offering, the news signaled that tech capital spending remains robust. Among the gainers, Western Digital (WDC) rose 8.1%, Allegro MicroSystems (ALGM) gained 6.4%, Amtech (ASYS) added 5.1% and Teradyne (TER) climbed 5.6%. The article notes WDC has had 79 moves greater than 5% over the past year, and about 22 hours earlier the stock had gained 5.2% after Bank of America projected memory chip supplies would stay tight through 2028. Citing CNBC, the article says semiconductor fabrication equipment spending is projected to exceed $200 billion in 2027, as demand outpaces clean-room capacity and the availability of critical parts.
- Is Benz Mining (TSXV:BZ) Cheap On Icon Drilling Results Or Already Priced In?
Benz Mining (TSXV:BZ) reported extensive drilling results from the Icon gold camp at its Glenburgh Gold Project in Western Australia, confirming repeated stacked high-grade gold lenses. The share price rose 11.03% on the day and 10.47% over the past week, but fell 15.62% over 30 days; it is up 180.38% year to date and returned 205.52% over 12 months. A valuation narrative cited in the article puts fair value at CA$6.28 versus a last close of CA$4.43, implying 29% undervaluation. The article notes the market values Benz above C$1 billion without a current maiden Mineral Resource, and the stock trades at 26.4 times book value versus 2.2 times for the Canadian metals and mining group. Risks include less of the Exploration Target converting into compliant ounces than hoped or weaker project economics in future studies.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.