Politics

Trump's Diesel Relief Efforts Unlikely to Succeed

Updated 2026-10-12 09:40 UTC 2 sources Negative

President Trump is turning to Russian diesel imports as a solution to the U.S. supply crunch ahead of the midterm elections, but analysts predict little price relief.

Coverage timeline — 2 articles

MarketWatch

The bond market is doing the Fed’s job, and that could be good news for stocks, says Morgan Stanley strategist

A stronger dollar, higher bond market yields and elevated gas prices are already tightening financial conditions in the U.S. to the point that Kevin Warsh may not even need to hike rates.

2026-10-12 09:23 UTC

CNBC

Trump turns to Russian diesel ahead of midterms, but analysts see little price relief

President Donald Trump's latest effort to ease a diesel supply crunch ahead of November's midterm elections is unlikely to make a dent on prices.

2026-10-12 09:31 UTC