Trump said Putin agreed to supply diesel to the global market, and OFAC issued a temporary license.

Trump stated that Russia will immediately supply over 300,000 tons of diesel to the U.S. and global markets, followed by an additional 500,000 tons in November, with a further 1 million tons to be supplied thereafter. Depending on the situation at Russian refineries, Russia will subsequently deliver another 3 million tons of diesel within a short period. At Trump's direction, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) will promptly issue a temporary general license permitting Russian diesel supplies to enter the global market.

wallstreetcn03:25

From "a single call elicits a hundred responses" to "desensitization," even Trump can no longer "draw" crude oil candlestick charts.

The crude oil market's sensitivity to Trump's remarks is systematically declining. Once, a single tweet threatening Iran could send oil prices surging by 7% in a single day; today, similar statements hardly stir any reaction. According to Bloomberg's analysis of price trends, as the U.S.-Iran conflict drags on, Trump's comments have significantly lost their influence over the global crude oil market. On April 1 this year, during a televised address, Trump threatened to strike Iran and push it "back to the Stone Age," sending oil prices soaring in early Asian trading and ultimately closing up more than 7%, breaking above $109 per barrel. Yet by October 1, Trump once again warned Iran to "sign a ceasefire"...

WallStreetCNOct 9 08:52

Hidden Risks Behind the S&P 500's Record High: Weak Performance of Most Constituents, with Soaring Oil Prices and Rising U.S. Treasury Yields Exacerbating Market Divergence

Persistently high oil prices and borrowing costs are weighing on the bond, credit, and small-cap equity markets, while the strong performance of large-cap tech stocks is masking an increasingly

Zhitong Finance53minutes ago

High Energy Prices Intensify Inflation Concerns; U.S. Treasury Yields Rise Again, with 10-Year Yield Climbing to 5.25%

Persistently high energy prices have heightened market concerns about the inflation outlook and reinforced investors' expectations of further Fed rate hikes. Following sharp volatility earlier this

Zhitong Finance53minutes ago

U.S. diesel prices surge 70% from pre-war levels amid US-Iran tensions; Russia to lift diesel export ban ahead of schedule | Global Markets

① Trump announced the appointment of Katie Zacharia as White House Press Secretary; ② Hurricane Isaias has disrupted 72% of oil production in the U.S. Gulf of Mexico; ③ A red alert has been sounded

cls.cn06:51

Commodities Overview: Oil Prices Edge Up, Copper Rises for the Week, Gold Continues Rebound

Crude oil edged higher, as the prospect of a large influx of Russian diesel into the global market clashed with mounting supply risks. These risks include another tanker attack in the Strait of

Sina Finance06:42