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Two Russian-linked diesel tankers, the Talisman and Leruo, have diverted away from the US Atlantic coast despite a Trump-Putin agreement to buy Russian diesel cargoes. A third Greek-owned tanker also appears to be changing course amid regulatory and political opposition.
US diesel inventories have fallen below 100 million barrels, and pump prices have reached $6.27 per gallon.
Diverted cargoes reduce the expected supply relief for a tight US diesel market, keeping diesel and freight costs elevated for feed transport and processing. Tight distillate supply supports energy-linked costs across the feed chain.
businesstoday.inBusiness Today DeskNov 5, 2026After 26 past bullish trade events, ULSD / Diesel moved a median -1.9% over 5 sessions (31% higher; middle half -5.6% to +1.6%), and -4.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
