The signs have been visible for a long time; you just need to pull back from the media noise to see them. {GO DEEP} This announcement does not come as a surprise to us.

You might remember that both the U.S and Russia spoke of strategic partnerships surrounding the energy sector.  Obviously, this makes sense when we consider the “west” is actually fractured on the topic of energy.  There are two competing interests that overlap in the financial side of the issue, the ‘trillions at stake’ aspect. (read more)

I cannot explain this to people who are infected with TDS, but the essential summary of what was likely to happen was written 3 weeks ago – SEE HERE. President Trump is purchasing Russian diesel directly from the wholesaler, Vladimir Putin.  The purchase is from now until April 1st, 2027.  Trump is buying diesel at a discount, not market prices.

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(VIA TRUTH SOCIAL) – “I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter.

Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel. Between our TOTAL CONTROL of the Strait of Hormuz, and this great announcement on Russian Energy, Diesel Prices for Americans and, indeed, the World, will be COMING DOWN, IN RECORD NUMBERS, AND FAST!

Lower prices for Americans, especially our Great Farmers, Ranchers, and Truckers, is my Greatest Priority. This is a very big and important announcement. Additionally, it must be understood, that Iran will not have a Nuclear Weapon! Thank you for your attention to this matter.” President DONALD J. TRUMP

On one side you have the “climate change” team, those who are fully invested (literally) in the financial mechanisms of the climate change, green new deal, build back better talking points.  The Green Energy team in the west.  The Paris Climate Treaty and carbon-trading proponents et al.

On the other side you have the pragmatic energy team in the west.  These are the Trump-minded and aligned western perspectives that look at oil, natural gas (LNG), clean coal and nuclear technology.  These are the “all the above” aligned voices in the more pragmatic view of low-cost energy production and development.

In the middle, between both sides of the fracture, are the banking and finance systems.  This is the BIG MONEY play, with the Climate Change team supported by banking ideology inside the city of London, while the Carbon Use team is constantly having to assemble finance and insurance from outside the banking control mechanisms.

The Climate Change team have support based on ideology within the finance system.  However, the Carbon Use team have the advantage of low-price outputs, global dependency and actual profits as leverage.  This is a fight essentially inside the larger energy sector, and we are all very familiar with it because it has been happening for decades.

Canadian Prime Minister Mark Carney is currently the main tool deployed by the Climate Change team on behalf of the London finance system.  Carney’s main opponent is U.S. President Donald Trump.

(VIA CNBC) – President Donald Trump said Friday that Russia will supply more than 4 million tons of diesel to the global market under a deal he struck with President Vladimir Putin during a phone call.

Russia will immediately supply more than 300,000 tons of diesel, followed by 500,000 tons in November, and 1 million tons immediately thereafter, Trump said in a post on Truth Social. Moscow will then deliver another 3 million tons of diesel based on the condition of Russia’s refineries, Trump said.

The Treasury Department temporarily waived sanctions on Russian diesel through April 2027 under a general license issued Friday.

Diesel prices have surged around the world as Ukraine has pounded Russian refineries, forcing Moscow to ban diesel exports to the global market. Iran and its Houthi allies have also attacked refineries in the Middle East, further constraining fuel supplies.

Trump is under growing political pressure to take action to reduce fuel prices ahead of the November midterm elections. Republicans are facing competitive elections in conservative strongholds like Iowa where farmers are feeling the pinch from high diesel prices.

But the president has few options to reduce prices given the destruction done to global refining capacity by the wars in Eastern Europe and the Middle East.

Trump flirted with a diesel export ban last month but ultimately relented after the oil industry and big business warned a ban would just raise gasoline prices.

The president issued an executive order earlier this week that allows truckers to use tax-exempt offroad diesel on highways without worrying about federal penalties. But the order only defers the tax obligation, creating confusion about whether truckers may have to pay up at some point. (read more)

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Notice it’s diesel specifically for the USA market.

Here’s the big picture.  I outlined this likelihood on September 22nd:

Behind that curtain are the traders, speculators, ideological banks and financial systems who create the finance system for the energy market.  Want to stop oil exploitation, change the lending requirements to favor windmills and solar panels etc.  Not coincidentally changing these lending rules and regulations was Mark Carney’s former job. Does that sound like an open market approach?

Thus, when you really understand how this pricing is structured you begin to realize the price of diesel has nothing to do with the supply of it and the price is more controlled by those who wish to generate financial -or political- outcomes from it.

You don’t have to take my word for it, review the words of the world’s largest oil/gas producer about this rigged game. {SEE HERE} Wouldn’t Vladimir Putin be the subject matter expert?

“How, in fact, is the price of gas formed on the European exchanges? It is not determined by producers, but by exchange traders.”

In essence, right now “the west”, specifically Americans, are paying fuel costs based on market commodity prices. The most recent examples are oil, LNG and now the headline leading, diesel fuel. However, the actual supply of diesel fuel is not driving the price. The price is being driven by speculation and trading, which is based on arbitrary price formulas created by western multinational corporations and financial markets.

Right now, Russia is overproducing diesel fuel, and shipping it out of the country to allies. Yet diesel prices in the west are determined by commodity traders, and the pricing mechanism is disconnected from the supply. {SEE HERE}

This is why Secretary Bessent essentially said yesterday, he was “evaluating” calls for a U.S. export ban on diesel.  Bessent knows it makes no sense to halt U.S. exports of diesel fuel, because (a) the US has no ability to store it, and (b) if we produce more than we can store, that doesn’t lower the USA price.

Our US diesel supply doesn’t lower the US diesel price because the price is set by market traders, by the western financial markets, not by production or supply. There is a disconnect.  It’s the same reason why Oranges grown in Florida cost the same as Oranges shipped into Minnesota.  Local supply does not determine local price; the rigged commodity market does.

The USA could be swimming in diesel fuel and yet the price at the pump remains $6/gal. (read more)

So, what did Trump do?  He skipped right over the market!

I think everyone who reads CTH can well understand the nature of the telephone call between President Donald Trump and Russian Federation President Vladimir Putin.  Both are clear-eyed leaders who understand each other’s geopolitical contexts and objectives.  There is no pretending between Putin and Trump.

In related news:

Presidential envoys Steve Witkoff and Jared Kushner will meet with Ukrainian negotiators and European officials in Miami on Friday to present “new ideas and proposals” to break the stalemate in the Russia-Ukraine war, U.S. and Ukrainian officials say.

Why it matters: The Trump administration is hoping to reach a diplomatic breakthrough ahead of the midterm elections and before brutal winter weather grips Ukraine.