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Russia to supply over 4 million tons of diesel globally amid Iran conflict talks with US

Market News
10 Oct 2026
CNBC
View Source
Bearish
Russia to supply over 4 million tons of diesel globally amid Iran conflict talks with US

Russian President Vladimir Putin conveyed Iran's vision for ending the Iran conflict to U.S. President Donald Trump, according to Russian state media. This comes as Trump announced a deal with Putin for Russia to supply over 4 million tons of diesel to the global market to ease surging energy prices caused by conflicts in Iran and Ukraine. The U.S. Treasury temporarily waived sanctions on Russian diesel through April 2027 to facilitate this supply. Ukrainian President Zelenskyy condemned the deal, warning it could prolong the war without Russian de-escalation. The diesel supply aims to address global fuel shortages worsened by attacks on oil infrastructure in the Middle East and Ukraine.

Regarding Putin relaying Iran's war proposal, here is Pluang's market snapshot as of Oct 10, 2026 20:41 WIB: Among 150 priced US stocks, 101 rose and 48 fell today. Verizon Communications Inc (VZ) dropped 10.14% to USD 41.65 with a typical hold time of 109 days and a strong buy order activity of 95%. In contrast, Snowflake Inc (SNOW) gained 7.42% to USD 368.89 but saw 90% sell order activity and a shorter typical hold time of 54 days. HP Inc (HPQ) fell 6.91% to USD 30.20, with 73% buy order activity and a typical hold time of 69 days.

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