So on Friday Trump "truthed" that diesel prices won't be just stabilized but will go down. In record numbers.
How will this happen? Apparently they have the "total control" of the Strait of Hormuz and the US will buy huge amounts of diesel from Russia. Russia will supply 300K tons in October + 500K in November, and 1M in December, and after that 3 more millions in a "short period of time". All in all close to 5 million tons. To the "American and Global Marketplace" so not just for the USA.
In the same "truth" he also said that Iran will not have a nuke. Or at least this must be understood.
For me it sounds like the usual calming the stock market for the weekend with good news.
And also should be considered he tries to spin a "win" for the coming midterms elections (Nov 3).
But the deal with Russia basically means finishing some of the embargo against Russia.
I wonder if Trump will sell Russian diesel to Europe with profit. It will be American diesel at that point.