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“The whole point of the diesel deal, which is stunning and outrageous itself, but the whole point of that is to get diesel flowing internationally, specifically into the US market to get prices down."”

“US President Donald Trump has said it is time for Ukraine to get a new president, suggesting Volodymyr Zelenskyy has not done enough to end his country's war with Russia and blaming him for high diesel prices in America.”

“Mr Trump claims Ukraine's strikes have been pushing up global oil prices, although experts contend the largest rises are actually linked to the US president's war with Iran.”

“In the past six days Trump has announced a deal to buy Russian diesel (long sanctioned by the US and, indeed, the subject of threats of sanctions on others who might buy it).”

“US President Donald Trump says a new deal with Russia will lower diesel prices, but experts say it won't "move the dial" on costs for consumers.”

“The US leader last month urged Ukraine to refrain from hitting Russian oil installations, saying that was sending global diesel prices surging.”

“While crude continues to reach the market, diesel and other refined fuels remain in short supply following damage in refinery infrastructure in the Gulf and Russia.”

“…): -0.2% to 9,006 points - Australian dollar: flat at 72.04 US cents - Wall Street: S&P 500 -0.4%, Dow -0.5% Nasdaq -0.3% - Europe (Friday): Dax +0.2%, FTSE flat, Eurostoxx 600 +0.3% - Spot gold: -1.0% to $US4,428/ounce - Oil: Brent futures +0.8% to…”