RUSSIA AGREES TO SHIP 4.8 MILLION TONS DIESEL

President Trump says Russia agreed to immediately ship over 300,000 tons of diesel fuel to the US and global markets, rising to roughly 4.8 million tons in total over the following months. The pledge, made after a call with President Putin, comes as US diesel sits at $6.28 a gallon, up 70% since the war with Iran began. Trump says the new supply will bring diesel prices down "in record numbers," a claim markets, tracked via $USO, have yet to confirm.