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“It gets worse: Trump’s surprise decision to suspend sanctions on Russian diesel fuel has stunned allies and, coupled with his failure to negotiate an end to his Middle East misadventure, will prolong the oil crisis and cause the world economy to drift in…”

“Prices jumped despite President Donald Trump’s announcement on social media Friday that he struck a deal to buy Russian diesel with Russian President Vladimir Putin, aiming to tamp down a spike in fuel prices ahead of the Nov. 3 US midterm elections.”

“The US president desperately wants a ceasefire before Americans cast their votes at the midterm elections on November 3, given he has blamed the European war for pushing up the cost of diesel.”

“The midterm elections ― a referendum on the president and his party ― are less than two months away and Trump’s approval rating is at a record low.”

“US stocks have been under pressure as oil prices have swung sharply amid the US war with Iran, helping to push Treasury yields higher.”

“In a bid to ease soaring US fuel prices before the country’s midterm elections, US President Donald Trump has said he is considering imposing a 90-day ban on diesel exports.”

“Trump on Saturday said he rejected the plan and argued that desperation drove the Iranians’ push for an agreement on the key waterway.”